Cosine-modulated filter banks (CMFB's) are filter banks whose impulse respo
nses are obtained by modulating a window with cosines. Among their applicat
ions are video and audio compression and multitone modulation. Their contin
uous-time counterpart is known as local cosine bases. Even though there is
an extended literature on the discrete-time case both for single and multip
le overlapping, the continuous-time case has received less attention, and o
nly the single overlapping case has been solved. This work gives a solution
to the problem of continuous-time local cosine bases with multiple overlap
ping via a general theory that emphasizes the deep connection between discr
ete and continuous time, A sampling theorem for local cosine basis and an e
fficient algorithm to compute the expansion of a signal are also given.