How Do You Spell DOLLAR BASIS?

Pronunciation: [dˈɒlə bˈe͡ɪsɪs] (IPA)

The spelling of the phrase "dollar basis" follows the commonly accepted rules of English orthography. "Dollar" is spelled with two "l's" and "basis" is spelled with a single "s." The phonetic transcription of "dollar basis" is /ˈdɑːlər ˈbeɪsɪs/. The first syllable "dol" is pronounced with an "ow" sound, the second syllable "lar" is pronounced with an "ar" sound. "Basis" is pronounced with an "ay" sound, and the final syllable "sis" is pronounced with an "is" sound.

DOLLAR BASIS Meaning and Definition

1. The term "dollar basis" refers to a financial concept that is commonly used in international finance and foreign exchange markets. It represents the exchange rate between two currencies, typically the U.S. dollar (USD) and another currency, expressed in terms of the cost or value of one U.S. dollar.

   From a practical perspective, the dollar basis provides a reference point for comparing the relative values of different currencies against the U.S. dollar. It allows investors, traders, and businesses to analyze and assess exchange rate movements, as well as make informed decisions regarding currency investments and transactions.

   In essence, the dollar basis determines how many units of a foreign currency are required to exchange for one U.S. dollar or vice versa. For instance, if the dollar basis for a specific currency is 1.2, it means that 1.2 units of that currency are needed to purchase one U.S. dollar. Similarly, if the dollar basis for another currency is 0.8, it indicates that 0.8 units of that currency are equivalent to one U.S. dollar.

   The dollar basis is often influenced by various economic factors and market forces such as inflation rates, interest rates, political stability, and trade balance. Additionally, it can also reflect the overall strength or weakness of an economy and impact international trade, investment flows, and tourism.

   Overall, the dollar basis serves as a fundamental measure that helps individuals, companies, and governments gauge and analyze the relative values of currencies relative to the U.S. dollar.

Common Misspellings for DOLLAR BASIS

• sollar basis
• xollar basis
• collar basis
• follar basis
• rollar basis
• eollar basis
• dillar basis
• dkllar basis
• dlllar basis
• dpllar basis
• d0llar basis
• d9llar basis
• doklar basis
• doplar basis
• doolar basis
• dolkar basis
• dolpar basis
• doloar basis
• dollzr basis
• dollsr basis

Etymology of DOLLAR BASIS

The term "dollar basis" does not have an established etymology as it is a combination of two commonly used words: "dollar" and "basis".

"Dollar" originated from the German word "thaler", a silver coin used in various European countries during the 16th century. It was derived from "Joachimsthaler", a coin minted from the silver mines in the town of Joachimsthal, now located in the Czech Republic. The word "thaler" eventually evolved into "dollar" in English.

"Basis" comes from the Latin word "bas-is", meaning "foundation" or "base". It is widely used in English to refer to the underlying principles or facts that serve as a starting point for further development.

When combined, "dollar basis" generally refers to a pricing or valuation method where the value of an asset or transaction is expressed in terms of U.S.

Plural form of DOLLAR BASIS is DOLLAR BASES