Business Dictionary :
Basis and Bases
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.NOTE
• We have three people working on a freelance basis.
: The plural is basesFrom Basis to HOME PAGE