From Longman Dictionary of Contemporary Englishbasedbased /beɪst/ adjective 1 [not before noun] if you are based somewhere, that is the place where you work or where your main business is It is a professional service based at our offices in Oxford.London-based/New York-based etc a London-based firm of accountants2 → oil-based/carbon-based/computer-based etc3 → broadly-based
Examples from the Corpus
based• General practice based education is still a marginal activity.• If they sail independently we have to pay additional yacht insurance and keep a shore based engineer on call to support you.• This can be termed politically based inequality.• He asked a street trader, who said they were the police, London based law officers.• Prices based on a multiple of earnings tend to require more detailed and thorough completion accounts than net asset value based prices.• Geographically based organisations Geographically based organisations such as retail businesses readily spring to mind.• Recent advances in remote sensing and computer based processing of digital imagery may overcome such problems.From Longman Business Dictionarybasedbased /beɪst/ adjective if a company is based somewhere, that is the place where it carries out its businessThe existing business is based in London but the owners may be willing to move.a Chicago-based publisher 