BASIS FOR THE CALCULATION

Definition: The fundamental reason or principle on which the calculation is based.

Synonyms: Calculation Foundation, Basis Calculation, Calculation Groundwork, Foundation Calculation, Calculation Basis

Usage Examples in Sentences

History

Historical data forms the basis for the calculation of future trends in the stock market.

A: Thank you for providing the financial report. I noticed that the revenue projections are significantly higher this quarter. Can you explain the basis for the calculation?B: Certainly. The increase in revenue projections is primarily due to the successful launch of our new product line, which has led to an uptick in sales across all regions. Additionally, we factored in the positive market trends and consumer demand forecasts as the basis for the calculation.A: That makes sense. It's crucial to have a solid understanding of the underlying factors driving the projections. Thank you for clarifying.

BASIS FOR THE CALCULATION

Usage Examples in Sentences

Usage Example in Conversation