Switch to text-only version for screen readers & visually impaired
Wachovia logo: go to home page


WEALTH MANAGEMENT GLOSSARY


Alphabetical Listing
Search  
K X
B
Current TermBasis
Basis
The tax basis of property (such as stock or real estate) used for determining the gain or loss on its sale, or for claiming a depreciation, casualty loss, or other tax deduction. The tax basis is usually the customer's cost.