: the bottom of something considered as its foundation. Fruit juice constitutes the basis of jelly. He is on a first-name basis with his customers.

Understanding the Context

BASIS meaning: 1. the most important facts, ideas, etc. from which something is developed: 2. a way or method of….

Basis Period Reform - RPG Chartered Accountants

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Key Insights

Learn more. a basic fact, amount, standard, etc., used in making computations, reaching conclusions, or the like: The nurse is paid on an hourly basis. He was chosen on the basis of his college grades. (topology) A collection of subsets ("basis elements") of a set, such that this collection covers the set, and for any two basis elements which both contain an element of the set, there is a third basis element contained in the intersection of the first two, which also contains that element. The basis of something is its starting point or an important part of it from which it can be further developed.

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Final Thoughts

BASIS definition: the bottom or base of anything; the part on which something stands or rests. See examples of basis used in a sentence. Basis is the underlying reason or assumption. The basis of a dictionary is that people are curious to learn the meanings of new words. You are interested, right? Definition of basis noun in Oxford Advanced American Dictionary.

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