May be associated with the presence of sodium in drinking water when present in high concentrations. Often from saltwater intrusion, mineral dissolution, industrial and domestic waste. Deteriorates plumbing, water heaters, and municipal water-works equipment at high levels.
Cost basis is the original price paid for shares of a security plus or minus certain adjustments required by applicable tax rules such as adjustments with respect to reinvested distributions and sales charges.
What is 'Basis'. The term basis has many meanings in finance. One definition is that basis is the variation between the spot price of a deliverable commodity and the relative price of the futures contract for the same actual that has the shortest duration until maturity. Another form of basis refers to the cost of a purchased security used to calculate taxes owed.