The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

BASIS Definition & Legal Meaning

Definition & Citations:

1.the days in a year used for interest computation. 2. when adjustments are made between currencies. 3. the price difference between the cash and futures market for an asset. 4. the purchase price minus the commissions and expenses. It is used for calcula

Disclaimer

This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.