- noun a point or number from which calculations are made
- noun the general terms of agreement or general principles on which something is decided or done
(written as BASIS)a scheme for registering distributors of chemicals used to protect crops, so that dangerous chemicals are stored and used correctly.
- acronym forBritish Agrochemicals Standards Inspection Scheme
(written as BASIS)
- noun the central and most important part of something from which everything else is derived
- Written documentation that describes how an estimate, schedule, or other plan component was developed and defines the information used in support of development. A basis document commonly includes, but is not limited to, a description of the scope included, methodologies used, references and defining deliverables used, assumptions and exclusions made, clarifications, adjustments, and some indication of the level of uncertainty.
(written as Basis)The difference between a currency's cash value and its future value. Forex participants will sometimes use the basis rather than the actual value when making a trade.