beneficiaryâs share of inside basis in partnership assets and his outside basis in the partnership interest. An optional basis adjustment can increase the partnershipâs basis in property transferred upon a partnerâs death to its estate tax value. The Economic Growth
â¢ AVERMENT (noun). The noun AVERMENT has 1 sense: 1. a declaration that is made emphatically (as if no supporting evidence were necessary). Familiarity information: AVERMENT used as a noun is very rare.
n. refers to a physiological or emotional response to a stimulus that indicates that the an object, organism, or situation, should be avoided. It is usually accompanied by a desire to withdraw from or avoid the aversive stimulus. See also aversive conditioning.