cost basis

Definition of "cost basis"
  1. The original financial outlay associated with acquiring an asset, inclusive of any additional costs related to its purchase
How to use "cost basis" in a sentence
  1. The cost basis of a property includes the buying price and any other costs associated with acquiring it.
  2. Knowing the cost basis of an asset is relevant for understanding its present value and potential tax obligations.
  3. She calculated the cost basis of her investments by adding the purchase price to the acquisition expenses.

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