Super Finance Glossary

Finance

Over 10,000 financial glossary terms...

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Tax Basis

Tax Basis
Definition: In the context of finance, the original cost of an asset less depreciation that is used to determine gains or losses for tax purposes.
Tax Basis
Definition: In the context of finance, the original cost of an asset less depreciation that is used to determine gains or losses for tax purposes. In the context of investments, the price of a stock or bond plus the broker's commission.