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Investing Glossary:
Basis
Copyright 2009,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
- B -
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| Definition: |
| The price an Investor pays for a security Plus any out-of-pocket expenses. It is used to determine Capital gains or losses for tax purposes when the Stock is sold. Also, for a futures contract, the difference between the Cash price and the Futures price observed in the market.
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