Cost Plus - Law Dictionary Search Results
cost plus
Matched in: Term cost plus
basis
a decedent. cost basis : the basis of an asset equal to the amount paid for the asset plus other acquisition costs (as a brokerage fee) stepped-up basis [stept-əp-] : a basis (as a carryover or cost … in the period when payment is received or made called also cash method 3 : the value (as cost or fair market value) of an asset used in calculating capital gains or losses for income tax purposes
bond
obligated person or by some contingency over which the person may have no control. appeal bond : a cost bond required by a rule of procedure (as Federal Rule of Appellate Procedure 7) to be given by … the purpose of ensuring that if the appellant loses the appeal the appellee will be paid the judgment plus any damages incident to the delay caused by the appeal surety bond : a bond in which a
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Lien
either have the absolute ownership of the property, or at least a right to vest it; for nemo plus juris ad alium transferre potest, quam ipse habet. There must also be an actual or constructive possession by … are exempt. Instances of equitable liens are vendor's lien (q.v.); partner's lien on partnership assets; trustee's lien for costs, charges and expenses; and other instances, where equity allows a lien. As to maritime lien, see the Kong
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