Accrual Basis

Business / Accounting / Accrual Basis: Gross income is recognized when earned.

Other Words for Basis

Basis Noun Synonyms: foundation, base, bottom, heart, footing, principle, underpinning, infrastructure
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Fare Basis (Code)

Life Style / Travel / Fare Basis (Code): The sometimes confusing code or codes on which the price of an airline ticket is based. Some itineraries contain many different codes. Most will indicate whether a fare is refundable or not. If even o MORE

Fixed Price Basis

Business / Finance / Fixed Price Basis: Payments of a fixed, equal amounts paid to an insurance company for insurance or an annuity. MORE

Flow-Through Basis

Business / Finance / Flow-Through Basis: Government bonds that when owned at the time of death are acceptable at par in payment of federal estate taxes. MORE

Fare Basis

Life Style / Travel / Fare Basis: Conditions, including service class and ticketing provisions, that determine a fare. Fare basis is designated by identifying letters and/or numbers on a ticket. MORE

Discounted Basis

Business / Finance / Discounted Basis: The yield or annual interest rate on a security sold to an investor at a discount. A bond that is sold at $4875 that matures to $5000 has a discount of $125. To calculate the discount yield: (discount MORE

Accrual Basis

Business / Accounting / Accrual Basis: Gross income is recognized when earned. MORE

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