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.
The basis is defined as the foundation of something, or as a concept or a necessary part of something. 1  An example of a basis is the foundation of a house. 2  An example of a basis is the reason for which someone may choose to affiliate himself with a specific party.