Basing Point

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.
References in periodicals archive ?
9 with installation and detachment of the floating pier of the project 15163 for the parking of the oceanographic vessel of the project 22010 in the basing point of olenye bay, murmansk region
President Putin expressed doubt that the country needed to maintain a military base in Syria, adding a temporary basing point might do the job.
The equilibrium delivered price of good |q.sub.1~ is increasing in direct proportion to the true transportation costs (t) relative to h = 0, the basing point, and not the actual production site (h = 1).
Benson, Greenhut, and Norman |1990~ also show that basing-point pricing can arise when production at the basing point is competitive while production at the periphery is monopolized.
"Delivered Pricing and Multiple Basing Point Equilibria: A Reevaluation." Quarterly Journal of Economics, May 1984, 329-49.
"The Politics of Basing Point Legislation." Law and Contemporary Problems, Spring 1950, 272-310.
"The Economics of Basing Point Pricing." Law and Contemporary Problems, Spring 1950, 159-80.
New to this edition are chapters replacing Dow Theory, an update of Dow Theory Record, new chapters on Stops and Basing Points, new additions on moving average systems, and new material on Ralph Vince's Leverage Space Model.