BASIS - Black's Law Dictionary

What is BASIS? Definition of BASIS in Black's Law Dictionary - Legal dictionary - Glossary of legal terms.

Fundamental principle; groundwork; support; foundation; the foundation or groundwork of anything; that upon which anything may rest or the principal component parts of a thing. Tolmie v. San Diego Fruit & Produce Co., 57 Idaho 631, 68 P.2d 61, 64. State v. Kansas City & M. Ry. & Bridge Co., 106 Ark. 248, 153 S.W. 614, 616.

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That's the definition of BASIS in Black's Law Dictionary - Legal dictionary - Glossary of legal terms. Courtesy of Cekhukum.com.