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.
Inclement usually refers to severe or harsh weather that is cold and wet. When packing for a trip to the Caribbean bring tank tops and shorts, but don't forget a raincoat in case of inclement weather. This adjective can also refer to a person or action that is harsh and unmerciful. Inclement is from a Latin root formed from the prefix in- not plus clemens clement.. This English adjective clement can mean either mild or merciful; the more commonly used noun clemency can mean mildness or mercy.