The company does not hire employees on the basis of their race, sex, age, or religion.
the sole basis for the rumor is someone's overactive imagination
Recent Examples on the WebFun, health, fitness and wellness are on his agenda on a daily basis.—Linda Gandee, cleveland, 11 Sep. 2023 Bally Sports Ohio and Bally Sports Midwest will broadcast the game on a regional basis.—Creg Stephenson | Cstephenson@al.com, al, 10 Sep. 2023 But the Red Sox answered with three runs in the bottom half off Jacob Webb, though Danny Coulombe left the bases loaded in the frame.—Nathan Ruiz, Baltimore Sun, 10 Sep. 2023 That’s why Alabama, after six national titles under Saban, is No. 1 in the Misery Index, a weekly measurement of which fan bases are feeling the most angst about the state of their favorite program.—Dan Wolken, USA TODAY, 10 Sep. 2023 Look, my sense is, there’s a lot of governors kind of sitting -- sitting on the sidelines saying, how does this all play out, just like most of the Republican bases.—ABC News, 10 Sep. 2023 Vest then walked Jimenez on six pitches to load the bases.—Ryan Ford, Detroit Free Press, 10 Sep. 2023 Dumb Money will be released on a limited basis on Sept. 15 and widely on Sept. 29.—Scott Feinberg, The Hollywood Reporter, 9 Sep. 2023 But trailing, 12-9, with the bases loaded, Triston Casas just missed the sweet spot on a Coulombe cutter, skying out to center to end the threat.—Alex Speier, BostonGlobe.com, 9 Sep. 2023 See More
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'basis.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
especially: the principle or method by which taxable income is calculated
The Internal Revenue Code has set some limits on which method a taxpayer may use for figuring taxable income. For example, a corporation with gross receipts under $5,000,000 may be a cash-basis taxpayer.
: a method of accounting in which income and expenses are recorded in the period when they are earned or incurred regardless of when the payment is received or made
called alsoaccrual method
: a method of accounting in which income and expenses are recorded in the period when payment is received or made
called alsocash method
: the value (as cost or fair market value) of an asset used in calculating capital gains or losses for income tax purposes
: the basis of an asset increased or decreased to reflect changes in value (as through improvement or depreciation)
—carryover basis\ˈkar-ē-ˌō-vər- \
: the basis of a donated or transferred asset that is equal to the basis of the asset when it was in the hands of the donor or transferor
Carryover basis is generally applied to gifts and to transfers in trust.
: the basis of an asset equal to the amount paid for the asset plus other acquisition costs
—stepped-up basis\ˈstept-ˈəp- \
: the basis of inherited property equal to its market value at the decedent's date of death or to an alternate valuation
: the basis of property received in exchange for property of a like kind that is equal to the basis of the property given with adjustments for additional consideration received or gains and losses realized