: the bottom of something considered as its foundation. Fruit juice constitutes the basis of jelly. He is on a first-name basis with his customers.

BASIS definition: 1. the most important facts, ideas, etc. from which something is developed: 2. a way or method of…. Learn more.

The aggregate reduction in basis by reason of subparagraph (A) shall be allocated among the property so transferred in proportion to their respective built-in losses immediately before the …

Basis is the underlying reason or assumption. The basis of a dictionary is that people are curious to learn the meanings of new words. You are interested, right?

Basis definition: the bottom or base of anything; the part on which something stands or rests.. See examples of BASIS used in a sentence.

Bases are the plural noun referring to several foundations, substances, or central points, while basis is a singular noun meaning the main supporting principle for something.

1. a bottom or base; the part on which something stands or rests. 2. anything upon which something is based; a fundamental principle. 3. the principal constituent; fundamental ingredient.