Business Dictionary :

Base and Database



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Base : noun :


(a) lowest or first position

• Turnover increased by 200% but starting from a low base.


Base Year : first year of an index against which later years' changes are measured


Bank Base Rate : basic rate of interest which a bank charges on loans to its customers


Database : noun : store of information in a large computer

• We can extract the lists of potential customers from our database.


(b) place where a company has its main office or factory or place where a businessman has his office

• The company has its base in London and branches in all European countries.


• He has an office in Madrid which he uses as a base while he is travelling in Southern Europe.


Base : verb :


(a) To start to calculate or to negotiate from a position

• We based our calculations on the forecast turnover.


Based On : calculating from

• Based on last year’s figure


• Based on populations forecasts



(b)To set up a company or a person in a place

• The European manager is based in our London office.


• Our overseas branch is based in the Bahamas.


• A London-based sales executive




Related Links :

Basement
Bargain Basement


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