Original Basis

Business / Real Estate / Original Basis: The sum of the purchase price of a property plus buying expenses on acquisition.

Other Words for Basis

Basis Noun Synonyms: foundation, base, bottom, heart, footing, principle, underpinning, infrastructure
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Other Words for Original

Original Noun Synonyms: initial, first, earliest, primary, beginning, starting, basic
Original Adjective Synonyms: master, actual, primary, authentic, true, genuine, real, basic, prototypic(al), archetypal, source
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Adjusted Basis

Business / Finance / Adjusted Basis: Price from which to calculate and derive capital gains or losses upon sale of an asset. Account actions such as any stock splits that have occurred since the initial purchase must be accounted for. MORE

Depreciable Basis

Business / Real Estate / Depreciable Basis: In investment real estate only structures can be depreciated. The depreciable basis is the original basis less the value of the land. MORE

Original Basis

Business / Real Estate / Original Basis: The sum of the purchase price of a property plus buying expenses on acquisition. MORE

Original Book Of Entry

Business / Accounting / Original Book Of Entry: A book which contains the details of the day to day transactions of a business (see Journal ). MORE

Original Equipment Manufacturer (OEM)

Technology / Computers / Original Equipment Manufacturer (OEM): Any manufacturer that sells its product to a reseller. Most often refers to the original manufacturer of a device or component, but certain products licensed as OEM, like Windows operating systems, ex MORE

Original Face Value

Business / Finance / Original Face Value: The principal amount of a mortgage as of its issue date. MORE

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