ACB - Investment

Investment

  • Adjusted cost base, a calculation used to determine the cost of an investment for tax purposes

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Famous quotes containing the word investment:

    The only thing that was dispensed free to the old New Bedford whalemen was a Bible. A well-known owner of one of that city’s whaling fleets once described the Bible as the best cheap investment a shipowner could make.
    —For the State of Massachusetts, U.S. public relief program (1935-1943)

    There is something fascinating about science. One gets such wholesale returns of conjecture out of such a trifling investment of fact.
    Mark Twain [Samuel Langhorne Clemens] (1835–1910)