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closely held

Matched in: Term closely held

closely held corporation

Matched in: Term closely held corporation

closely held

Matched in: Term closely held

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corporation

of individuals (as management) and not publicly traded ;specif : small business corporation in this entry called also closely held corporation compare public corporation in this entry foreign corporation : a corporation organized under the laws of a

Impossibility

'frustration' of the contract or adventure, see Taylor v. Caldwell, (1863) 3 B&S 326, where the defendant was held excused from payment of damages for non-performance of an agreement to let a music-hall to the plaintiff for

special use valuation

the Internal Revenue Code in calculating estate taxes on farm property or on real property used in a closely held business in which the property is valued on the basis of its current use rather than at the

Bairam

Either of two Mohammedan festivals of which one the Lesser Bairam is held at the close of the fast called Ramadan and the other the Greater Bairam seventy days after the fast

Bairam, Beiram

Bairam, Beiram. The names of two Mohammendan festivals, one held at the close of the fast Ramazan, the other 70 days after.

cash reserves

cash reserves a cash amount sometimes required of the buyer to be held in reserve in addition to the down payment and closing costs; the amount is determined by the lender.

Hermogenian

A disciple of Hermogenes an heretical teacher who lived in Africa near the close of the second century He held matter to be the fountain of all evil and that souls and

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