Adjusted cost basis is the amount paid for an item, plus the amount paid for improvements, minus losses and depreciation. When the owner sells the item, the difference between the sales price and the adjusted cost basis is the profit or loss.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). adjusted cost basis. Retrieved September 27, 2026, from http://smartdefine.org/adjusted_cost_basis/definitions/1147231 |
| Chicago | Barry Goldsmith. 2010. "adjusted cost basis" http://smartdefine.org/adjusted_cost_basis/definitions/1147231 (accessed September 27, 2026). |
| Harvard | Barry Goldsmith 2010, adjusted cost basis, Smart Define, viewed 27 September, 2026, <http://smartdefine.org/adjusted_cost_basis/definitions/1147231>. |
| MLA | Barry Goldsmith. "adjusted cost basis" 21 October 2010. Web. 27 September 2026. <http://smartdefine.org/adjusted_cost_basis/definitions/1147231> |