Sorry, something has gone wrong. Best Answer: The Enhanced Fujita Scale, or EF Scale, is the scale for rating the strength of tornadoes in the United States estimated via the damage they cause.
DEFINITION of 'Basis Trading'. An arbitrage trading strategy that aims to profit from perceived mispricing of similar securities.
Basis is the total cost of buying an investment or other asset, including the price, commissions, and other charges. If you sell the asset, you subtract your basis, also known as your cost basis, from the selling price to determine your capital gain or capital loss. If you give the asset away, the recipient's basis is the same amount as yours.