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Wealth Management Glossary

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B
B Shares
Backup Withholding
Bailment
Current TermBasis
Bearer Bonds
Beneficiary
Bequest
Beta
Block Sale
Blue Chip Stocks
Bond
Bond Power
Book Value
Bull/Bear
Bypass Trust
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.

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