basis
IPA: bˈeɪsʌs
noun
- A physical base or foundation.
- A starting point, base or foundation for an argument or hypothesis.
- An underlying condition or circumstance.
- A regular frequency.
- (agriculture, trading) The difference between the cash price a dealer pays to a farmer for his produce and an agreed reference price, which is usually the futures price at which the given crop is trading at a commodity exchange.
- (linear algebra) In a vector space, a linearly independent set of vectors spanning the whole vector space.
- (accounting) Amount paid for an investment, including commissions and other expenses.
- (topology) A collection of subsets ("basis elements") of a set, such that this collection covers the set, and for any two basis elements which both contain an element of the set, there is a third basis element contained in the intersection of the first two, which also contains that element.
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Examples of "basis" in Sentences
- Is that the basis of the relevancy
- Coercion is the basis of hierarchy.
- The basis of the ban is ridiculous.
- That was the basis of the reversion.
- It is the basis of the technocracy movement.
- The analogy is not the basis for the belief.
- On the basis of the foregoing, clearly they are.
- That's the basis for the indefinite approximation.
- But in bond-market commentary, the term basis point is permissible.
- He is the ground of my being and the basis for any human consanguinity.
- Another basis is a state or local law or even the school code of conduct.
- The only ground for knowledge is the intuition, the basis of sense experience.
- Telekom Austria Actual currency Constant currency Constant Group basis basis* currency basis*
- Guus Hiddink stepped in to manage Chelsea on a short term basis - and won the FA Cup for them in 2009.
- Every other basis is a sort of sentimental confusion, full of merely verbal echoes of the older creeds.
- • Trading margin of 13. 5%; up 155 bps on a constant currency basis and 160 bps on an actual currency basis*
- "On a medium-term basis, which is how you typically view valuation, nearly all of the indicators suggest that the euro is still overvalued," said Lauren Rosborough,
- But if the effect, on a long term basis, is to force return to take into account risk, and properly price it for all players, then capital will flee the sector and threaten, perhaps, to put financial firms out of business only insofar as capital wants to take greater risks for greater returns in other asset classes and investment opportunities.