cost basis
Definition 1
Purchase price, including commissions and other expenses, used to determine capital gains and capital losses for tax purposes.
Definition 2
The cost of an asset used to determine tax liabilities. This number is the purchase price, including capital gains and losses, accrued interest, and other fees. also called tax basis.
Definition 3
The difference between the cash price and the futures price of a given commodity.
Purchase price, including commissions and other expenses, used to determine capital gains and capital losses for tax purposes.
Definition 2
The cost of an asset used to determine tax liabilities. This number is the purchase price, including capital gains and losses, accrued interest, and other fees. also called tax basis.
Definition 3
The difference between the cash price and the futures price of a given commodity.
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