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base period |
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base period [′bās ‚pir·ē·əd] (statistics) The period of a year, or other unit of time, used as a reference in constructing an index number. Also known as base year. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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covers a three-year base period beginning July 1 and could be extended for up to a total of 10 years, with a potential maximum value of $21 million if all options are exercised. Computer Sciences estimated the value of its portion of the award, which has a five-year base period and one five-year option, to be about $1. Perhaps the taxpayer's trade or business started before 1984 and its research activity records for the base period of 1984-1988 (see Sec. |
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