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What is cost basis?

Cost basis, also known as tax basis, this is the price used for calculating taxable income and taxable situations of an asset. The cost basis number is determined by the difference between the capital gain and current market value. Another way to think of cost basis is the difference between the future prices and the current cash price.

Other Financial Terms and Vocabulary

Data is provided for informational purposes only, and is not intended for trading purposes. Although data are gathered from sources believed to be reliable, Fund Mojo and its content providers cannot guarantee completeness and accuracy. Performance data quoted represents past performance. Fund Mojo and its content providers accept no liability for reliance on this data.