beneficiaryâs share of inside basis in partnership assets and his outside basis in the partnership interest. An optional basis adjustment can increase the partnershipâs basis in property transferred upon a partnerâs death to its estate tax value. The Economic Growth
â¢ AVERMENT (noun). The noun AVERMENT has 1 sense: 1. a declaration that is made emphatically (as if no supporting evidence were necessary). Familiarity information: AVERMENT used as a noun is very rare.
aversion therapy. n. (Psychiatry) psychiatry a method of suppressing an undesirable habit, such as excessive smoking, by causing the subject to associate an unpleasant effect, such as an electric shock or nausea, with the habit. averâ²sive condiâ²tioning.