What does exsanguination mean? Definitions for exsanguination Here are all the possible meanings and translations of the word exsanguination.
Basis is the value used to determine profit or loss when property is sold for assessing income tax and capital gains tax. Under tax law, basis means the cost of property after adjusting the depreciation.
In a legal context, a lawsuit, motion, or appeal that lacks any basis and is intended to harass, delay, or embarrass the opposition. This can result in a successful claim by the other party for the costs of defense, including attorney's fees.