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.
(plural averments) 1  The act of averring, or that which is averred; positive assertion. 2  verification; establishment by evidence. 3  A positive statement of facts; an allegation; an offer to justify or prove what is alleged.