Basis price

Basis price

Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Basis Price

A quote for a bond expressed in terms of the bond's yield to maturity. For example, if the yield to maturity is 8%, the basis price is also 8%.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

basis price

1. The price of a security quoted in terms of its yield rather than its dollar price. Bonds are often quoted on a basis price reflecting yield to maturity since such information is of greatest importance to an investor deciding to buy or sell.
2. The price selected by a specialist at which to execute an odd-lot order on an inactive stock. The large spread on inactive stocks often results in a basis price that splits the difference between the bid and ask.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

Basis price.

When you sell a security, such as a stock or bond, or real estate, the price you use to calculate your capital gains is known as your basis price.

In the case of a security, it includes the purchase price plus any commissions you paid to buy or sell. For real estate, it includes purchase price, certain closing costs at purchase and sale, and the costs of qualifying improvements to the property.

Dictionary of Financial Terms. Copyright © 2008 Lightbulb Press, Inc. All Rights Reserved.
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The most-active contract for September delivery lost 0.8 percent from the basis price set by the exchange to 6,116 yuan per kilogram ($30.15 an ounce).
Compounding the problem, they were receiving 75 cents below the basis price listed at the Chicago Board of Trade.
The contract price for the unit is USD132m which is composed of a basis price of USD117m, plus additional upgrades on the specification of USD15m.
Assessed values are reviewed once every three years, but during the review for fiscal 1994, the then Ministry of Home Affairs instructed local assessment committees to determine the property values at about 70% of the basis price as of July 1, 1992, taking into consideration land price changes until Jan.
When two or more newspapers are sold as a combination, the board said, the offer price must be at least 25 percent of the basis price of each newspaper that is part of the offer.
Now you have to report millions of transactions to a central point and then inform GSA when you get below the basis price. Probably can't be done without a T-3 in every store.
The price of food and drink items were 11.8% higher year on year in May, although on a monthly basis prices fell 2%.
China's decision to import yarn in bulk may elevate cotton prices internationally, a phenomenon anxiously awaited by the Pakistan cotton farmers selling their stocks on an average basis prices ranging between Rs 3000 to Rs 3100 in Sindh and Punjab.