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.
1 Meaning of Averment. 2  In pleading. 3  A positive statement of facts, as opposed to an argumentative or inferential one. 4  Cowp. 683; Bac. 5  Abr. â 6 Pleasâ (B). 7  Averments must contain not only matter, but form.