cost basis
Definition 1
Accounting: Original price of an asset or property, plus purchasing expenses, plus cost of permanent (long term) improvements, plus other costs (if any), less accumulated depreciation.
Definition 2
Tax assessment: Original or (in case of an inheritance) appraised value of an asset used in computing capital gains.
cost basis is in the Accounting & Auditing subject.
cost basis appears in the definition of the following term: accounting concepts
This content can be found on the following page:
http://www.businessdictionary.com/definition/cost-basis.html
email to a friend
print this definition
cite this definition
link to this page






