1) Tax value of an asset 
Basis (or cost basis), as used in United States tax law, is the original cost of property, adjusted for factors such as depreciation. When property is sold, the taxpayer pays/(saves) taxes on a capital gain/(loss) that equals the amount realized on the sale minus the sold property`s basis. Cost basis is needed because tax is due based on the gain....
A branch of accounting that provides information to help the management of a firm evaluate productio
The original price of an asset, used in determining capital gains. It usually refers to the purchase price of a stock, bond or other security.
The cost price of an asset used to establish capital gains tax... <a target=_blank href='http://www.finance-glossary.com/terms/cost-basis.htm?id=318&ginPtrCode=00000&PopupMode=false' title='Read full definition of cost basis'>more</a>
See: basis