👉 Rebasis is a concept in economics and finance that refers to the act of reassigning assets or liabilities from one party to another. This is often done through a process called "reimbursing," where the new owner pays back the original owner for any losses incurred due to the transfer. In other words, rebasis involves moving funds from one account to another, with the purpose being to correct an accounting error or reconcile discrepancies between two accounts, allowing for clearer financial statements. This method is