Adjusted Basis
The proportionate value of an asset or security that reflects any deductions taken on, or capital improvements to the asset or security. Investopedia Says:
Adjusted basis is used to compute the gain or loss on the sale of an asset or a security. Related Terms:
Accelerated Cost Recovery System - ACRS
Adjusted Cost Base - ACB
Declining Balance Method
Depreciation
Unadjusted Basis
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