Cost basis is the original value of an asset, usually the purchase price, adjusted for stock splits, dividends and returns of capital. The cost basis is used to calculate returns on an asset or portfolio and, for tax purposes, capital gains.
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Cost basis is the original value of an asset, usually the purchase price, adjusted for stock splits, dividends and returns of capital. The cost basis is used to calculate returns on an asset or portfolio and, for tax purposes, capital gains.
