See Also: Basis(medicine)
After-tax basis(money)
After-tax basis(finance)
Pay as you go basis(finance)
Basis(finance)
Tax basis(finance)
Tax basis(money)
basis(dictionary)
basis(dictionary)
Basis(money)

basis (iou)



basis noun. . L16.
[Latin from Greek = stepping. Cf. BASE noun1.]
The base or bottom of something material; the foundation; a pedestal. arch. L16.
Shakespeare Tempest To th' shore, that o'er his wave-worn basis bowed, As stooping to relieve him. Addison Observing an English inscription upon the basis.
b. Botany & Zoology. = BASE noun1 2d. E17.
Geometry. = BASE noun1 2b. L16-M18.
The main constituent. E17.
Jabez Hogg Colouring-solutions should be always prepared with glycerine..as a basis.
A thing by or on which anything immaterial is supported or sustained. E17.
Shakespeare Macbeth Great tyranny, lay thou thy basis sure. J. Tyndall This speculation..rested upon a basis of conjecture.
A thing on which anything is constructed and by which its constitution or operation is determined; a footing (of a specified kind); a determining principle; a set of underlying or agreed principles. E17.
on the basis of using as a criterion or a principle of action; taking account of.
John Bright It is necessary therefore to have a basis for our discussion. J. Galsworthy She believed..in putting things on a commercial basis.
= BASE noun1 8. arch. M19.
Comb.: basis point Finance the smallest unit in which a rate or value (esp. an interest rate) is expressed (usu. equal to one-hundredth of one per cent).