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Business Dictionary :
Basis and Bases
Basis and Bases
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Basis : noun :
(a) Point or number from which calculations are made
• We forecast the turnover on the basis of a 6% price increase.
(b) General terms of agreement on a short-term or long-term basis = for a short or long period
• He has been appointed on a short-term basis.
• We have three people working on a freelance basis.
NOTE : The plural is bases
