What is the definition of Adjusted basis? | Dictionary.net

ADJUSTED BASIS

\ɐd͡ʒˈʌstɪd bˈe͡ɪsɪs], \ɐd‍ʒˈʌstɪd bˈe‍ɪsɪs], \ɐ_dʒ_ˈʌ_s_t_ɪ_d b_ˈeɪ_s_ɪ_s]\

Definitions of ADJUSTED BASIS

1910 - Black's Law Dictionary (2nd edition)

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The base price used to determine capital gains or losses on an investment, generally including a deduction for commissions at the time of purchase or sale, along with adjustments for any STOCK SPLITS that may have occurred.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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