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Pension Adjustment - PA. DEFINITION of 'Pension Adjustment - PA'. The amount of contributions that can be made to a Registered Retirement Savings Plan (RRSP) on top of any contributions to a Registered Pension Plan (RPP) in a given year. BREAKING DOWN 'Pension Adjustment - PA'.
DEFINITION of 'Adjusted Basis'. The proportionate value of an asset or security that reflects any deductions taken on, or capital improvements to the asset or security. Next Up. Adjusted basis is used to compute the gain or loss on the sale of an asset or a security.