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.
The definition of abstemious is someone who abstains or is moderate, often specifically in their consumption of food and beverage. An person who suffers from anorexia is an example of someone who is abstemious. 1  moderate, esp. in eating and drinking; temperate.