Investing
Basis
Cost basis of an asset
The original value of an asset for tax purposes, usually the purchase price, adjusted for improvements, depreciation, and reinvested dividends. Basis determines capital gain or loss on sale.
Related terms
Cost basis of an asset
The original value of an asset for tax purposes, usually the purchase price, adjusted for improvements, depreciation, and reinvested dividends. Basis determines capital gain or loss on sale.