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TeachMeFinance.com - explain Base period price Base period price The term 'Base period price ' as it applies to the area of agriculture can be defined as ' such as 1910-14, 1957-59, 1967, 1977, or 1982. Time series of data are often deflated to a base period price. Such deflated time series are referred to as constant dollar values (versus nominal dollar values)'. Previous 5 Terms: Base load plant base of a polygon base of a polyhedron Base pair (bp) Base period Next 5 Terms: BASE PRODUCTS Base property Base rate Base rates Base Reflectivity About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.