basis (EN)

noun

noun “basis”

1. the main support or foundation of an idea, argument, or process
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   Her research formed the basis of the new treatment method.
2. (often in "on the basis of") the underlying reason
   The decision was made on the basis of the available evidence.
3. a regular way or frequency at which something happens
   He checks his email on an hourly basis to stay updated.
4. the foundation or support of a physical object
   The monument was built on a solid stone basis to ensure stability.
5. (in mathematics) a set of elements from which other elements can be formed, such as vectors in a vector space
   In linear algebra, we learned how to find a basis for a vector space.
6. (in accounting) the original cost of an asset, used to calculate capital gains or losses when the asset is sold
   The accountant needed to determine the basis of the stock to calculate taxes owed.
7. (in trading) the difference between the local cash price of a commodity and its price in the futures market
   Farmers watch the basis to decide when to sell their crops.