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.
Define detent: a device (such as a catch, dog, or spring-operated ball) for positioning and holding one mechanical part in relation to another in aâ¦ a device (such as a catch, dog, or spring-operated ball) for positioning and holding one mechanical part in relation to another in a manner such â¦ See the full definition