Business / Taxes / Basis Price: When you sell a security, such as a stock or bond, or real estate, the price you use to calculate your capital gains is known as your basis price. In the case of a security, it includes the purchase price plus any commissions you paid to buy or sell. For real estate, it includes purchase price, certain closing costs at purchase and sale, and the costs of qualifying improvements to the property.
Basis Noun Synonyms: foundation, base, bottom, heart, footing, principle, underpinning, infrastructure
Price Noun Synonyms: charge, cost, expense, expenditure, outlay, payment, amount, figure, fee, quotation, appraisal, value, valuation, evaluation, worth
Price Verb Synonyms: sacrifice, toll, penalty, cost, consequence
Business / Finance / Price Leadership: A price charged by the dominant producer that becomes the price adopted by all the other producers. MORE
Business / Finance / Price List: A schedule that associates prices with individual products. This list allows you to forecast sales in units and still create projections in dollars. See also Discount List. MORE