The Law Dictionary

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

PRINCIPAL BASIS Definition & Legal Meaning

Definition & Citations:

Security selling through either one or more dealers who stock up in bulk for their personal portfolios. The bought securities are then sold at a marked up or marked down price.

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.