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Basing Point |
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Basing Point In accounting, the geographical location where a commodity has a certain price. The basing point is used to help determine the price for the same commodity in another location. In general, the price at the basing point is added to transportation costs to arrive at the price elsewhere. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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