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.
References in periodicals archive ?
Novavax and Biomedical Advanced Research and Development Authority have agreed to amend the contract to allow Novavax to continue to evaluate the remainder of the USD97m in base period funding until September 2014.
These extremely hot summers have affected an estimated 10 percent of global land area in recent years, compared with less than 1 percent of the Earth's surface during the base period.
If a taxpayer wants larger credits, it win have to settle for an estimated base period.
If cash is to be repatriated as a Homeland dividend or a Base Period Dividend from foreign affiliates located in Europe, it is of particular importance to consider the effect of a loss of foreign tax credits attributable to such dividends, if M&S is successful.
This article briefly reviews the advantages of BEA'S chain-type indexes for various types of analyses, explains the conceptual and empirical problems encountered when using chained-dollar estimates far from the base period, describes the time series BEA WHI publish, presents several sets of tables and estimates designed to assist analysts in using the NIPA chain-type estimates beginning with 1929, and discusses work that BEA is considering to further improve its chain-type indexes for the most recent quarters.
To be eligible for Federal-State Extended Benefits, an individual must have either total base period wages of 1-1/2 times the wages earned in the highest quarter of the base period, or total wages of 40 times the individual's recent weekly benefit amount.
The basic research credit is given for the excess of research payments or expenses for the relevant taxable year over a base period amount.
This task order award, awarded to DI March 7th, has a 196-day base period with a total value of $407,546.
According to the Department of Education, the total contract award amount for the base period and option period is not to exceed $400M.
The single-award, prime contract has a base period of three years, adopted by two three-year extension options.
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.
Only cash dividends in excess of the average amount paid over a three-year base period are eligible for the deduction.