Business - Law Dictionary Search Results
course of dealing
course of dealing :the conduct of parties to a business deal during past business deals that may be used as a basis for understanding each other's expressions and
Adventure in the nature of trade
certain elements in the adventure which in law would invest it with the character of a trade or business; and that a tribunal while considering a question as to whether a transaction is or is not an
corporate
corporate : of or relating to a business corporation n : a bond issued by a business corporation
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company
the economy as a whole and that usually directs a relatively high proportion of income back into the business holding company : a company whose sole function is to own and control other companies investment company :
commission
of the crime] 5 : a fee paid to an agent or employee for transacting a piece of business or performing a service ;esp : a percentage of the money received paid to the agent responsible for
Casualty Pot
inclusion in the Casualty Pot consists of casualties of depreciable and real property used in a trade or business for more than one year and capital assets held for more than one year in connection with a
capitalization
process of capitalizing ;esp : paid-in capital at capital [inadequate ] 3 : total capital liabilities of a business including both equity capital and debt capital NOTE: Equity capital is considered a liability because the investors may
boot
bōt advantage, compensation] : additional money or property received to make up the difference in an exchange of business or investment property that is of like kind but unequal in value NOTE: Under Internal Revenue Code section
book
book 1 : a record of a business's financial transactions or financial condition often used in pl. [the s show a profit] 2 : police register
asset
and legacies, from Anglo-French asetz, from Old French asez enough] 1 : the entire property of a person, business organization, or estate that is subject to the payment of debts used in pl. compare equity 2 :
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