BASIS, INVESTMENT Definition

Bookmark and Share

BASIS, INVESTMENT, is the cost or book value of an investment. The gain or loss on an investment is the sale price less the basis. Basis is often called "cost basis."

Learn new Accounting Terms

LTM means Last Twelve Months.

MONEY SUPPLY is the three categories of money supply (MI, M2, M3) as defined by the U.S. Federal Reserve Board.

M1 The sum of-currency held by the public, plus travelers' checks, plus demand deposits, plus other checkable deposits-i.e., negotiable order of with­drawal (NOW) accounts, automatic transfer service (ATS) accounts and credit union share drafts.

M2 MI plus savings accounts and small-denomina­tion time deposits, plus shares in money market mutual funds (other than those restricted to institu­tional investors) and overnight Eurodollars and repurchase agreements.

M3 M2 plus large-denomination time deposits (over $100,000) at all depository institutions, large­-denomination term repurchase agreements and shares in money market mutual funds restricted to institutional investors.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.