Basis

Regarding a futures contract, the difference between the cash price and the futures price observed in the market. Also, it is 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. The New York Times Financial Glossary

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basis ba‧sis [ˈbeɪss] noun bases PLURALFORM [-siːz] [countable]
1. the facts or ideas from which something can be developed:
basis for

• If talks restart, this package is likely to be a basis for negotiation.

2. the original figures from which something can be calculated or valued:
basis for/​of

• These figures will be the basis for future price calculations.

— see also accrual basis, cash basis, earnings basis

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   The difference between a futures prices and the corresponding underlying cash price. Basis is normally quoted as cash price deducted from futures price of the nearest delivery month. There is a high degree of correlation between cash and futures prices but the basis is not constant. A basis trade exploits the expected movements in basis. Basis is likely to reduce and eventually to shrink to nothing as the futures contract approaches its expiry date. (Figure 2.)
   ► See also Backwardation and Contango.

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basis UK US /ˈbeɪsɪs/ noun (plural bases /ˈbeɪsiːz/)
[C, usually singular] a fact or situation that makes it possible for something to exist, happen, or develop in a particular way: basis for sth »

Should the TV licence fee continue to be the basis for the BBC's funding?

»

Ministers claimed the figures were bogus and had no basis in reality.

be/form/provide the basis for sth »

Sustainable development should form the basis for a corporate vision of the future.

as a basis for sth »

It is hoped that the WTO agreements will serve as a basis for strengthening relationships with developing countries.

[S] the way things happen, or are done or organized: on a daily/monthly/regular, etc. basis »

Skills need to be updated on an ongoing basis.

on a full-time/permanent/temporary, etc. basis »

She's employed by the agency on a temporary basis.

»

Assessment of insurance claims takes place on a case-by-case basis.

See also ACCRUALS BASIS(Cf. ↑accruals basis), CASH BASIS(Cf. ↑cash basis)
[S or U] the reason why someone does something or why something happens: »

There appears to be no logical basis for these proposals.

on the basis of sth »

Discrimination on the basis of gender, age, race, or sexual orientation is against the law.

on the basis that »

Some bidders were rejected on the basis that they lacked an understanding of the needs of the organization.


Financial and business terms. 2012.

Synonyms:

Look at other dictionaries:

  • Basis- — Basis …   Deutsch Wörterbuch

  • basis — ba·sis / bā səs/ n pl ba·ses / ˌsēz/ 1: something (as a principle or reason) on which something else is established the court could not imagine any conceivable basis for the statute see also rational basis 2: a basic principle o …   Law dictionary

  • Basis — may refer to* Basis future, the value differential between a future and the spot price * Basis (options), the value differential between a call option and a put option * Cost basis, in the calculation of capital gains * Basis (crystal structure) …   Wikipedia

  • Basis — steht für: Basis (Architektur), den untersten Bauteil einer Säule oder das Podest einer Statue Basis (Stereofotografie), den Abstand zweier zum Ziel ausgerichteter Kameras Kristallstruktur#Basis, die Grundstruktur eines Kristalles Basis (Band)… …   Deutsch Wikipedia

  • Basis [5] — Basis (Grundlinie, Standlinie) nennt man bei trigonometrischen Bestimmungen diejenige durch unmittelbare Längenmessung erhaltene Linie, aus der weitere Linien rechnerisch abgeleitet werden sollen. – Eine »Basis« in einzelnen… …   Lexikon der gesamten Technik

  • BASIS — Заставка BASIS Разработчик Сергей Камнев Последняя версия ?  ? Лицензия Закрытое ПО Состояние Не развивается BASIS специфическая …   Википедия

  • Basis — Sf Grundlage erw. fach. (15. Jh.) Entlehnung. Entlehnt aus l. basis, dieses aus gr. básis (eigentlich Schritt, Gang ), einer Ableitung von gr. baínein gehen . (Zur Bedeutungsentwicklung vgl. nhd. treten Tritt im Sinne von fester Untergrund,… …   Etymologisches Wörterbuch der deutschen sprache

  • Basis — Ba sis (b[=a] s[i^]s), n.; pl. {Bases} (b[=a] s[=e]z). [L. basis, Gr. ba sis. See {Base}, n.] 1. The foundation of anything; that on which a thing rests. Dryden. [1913 Webster] 2. The pedestal of a column, pillar, or statue. [Obs.] [1913 Webster] …   The Collaborative International Dictionary of English

  • basis — (del lat. «basis»; ant.) amb. Base. * * * basis. (Del lat. basis). amb. desus. Base o fundamento …   Enciclopedia Universal

  • Basis [3] — Basis , in der Mathematik Grundlinie einer geometrischen Figur, Grundfläche eines Körpers, Grundzahl eines Logarithmensystems. – Basis, zur Verwandlung von Flächen, s. gemeinschaftliche Basis von statischen Momenten unter Parallelkräfte.… …   Lexikon der gesamten Technik

  • basis — 1570s, bottom or foundation (of something material), from L. basis foundation, from Gk. basis a step, stand, base, that whereon one stands, from bainein go, step (see COME (Cf. come)). Transferred and figurative senses (of immaterial things) are… …   Etymology dictionary

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