Definition of 'strive'. strive (straÉªv ) Word forms: 3rd person singular present tense strives , present participle striving language note: The past tense is either strove or strived, and the past participle is either striven or strived. If you strive to do something or strive for something, you make a great effort to do it or get it.
Carryover basis, also referred to as a transferred basis, applies to inter vivos gifts and transfers in trust. Generally, a taxpayer's basis in property is the cost to acquire the property. However, there is an exception for inter vivos gifts and transfers in trust.arryover basis, also referred to as a transferred basis, applies to inter vivos gifts and transfers in trust. Generally, a taxpayer's basis in property is the cost to acquire the property. However, there is an exception for inter vivos gifts and transfers in trust.
What cost basis is. In its broadest sense, cost basis refers to the price you paid for your shares. That figure is adjusted upward for reinvested dividends and capital gains and any commissions or transaction fees you paid.What cost basis won't necessarily tell you is how much money you made on an investment.hat cost basis is. In its broadest sense, cost basis refers to the price you paid for your shares. That figure is adjusted upward for reinvested dividends and capital gains and any commissions or transaction fees you paid.