Earned Income - Law Dictionary Search Results
principal
distinguished from one (as an endorser, surety, or guarantor) who is secondarily liable 2 : a capital sum earning interest, due as a debt, or used as a fund [shall receive the income from the trust until
fruit
nat·u·ral fruit : an animal or plant product (as a crop) b : income that is produced or earned by other property or services
company
a company whose sole function is to own and control other companies investment company : a company that earns income solely or primarily by holding and investing in securities issued by other companies or by government agencies
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Illegally acquired properties
or after the commencement of this Act, wholly or partly out of or by means of any income, earnings or assets derived or obtained from or attributable to any activity prohibited, by or under any law for
accrual accounting
accrual accounting Income is reported in the year it is earned, and expenses are deducted in the year they are incurred.
Profit
1971 (3) SCC 870; Revenna Subanna v. GS Kaggerappa, AIR 1954 SC 653. Means whatever the company finally earns after deducting all the expenditure and it goes to the company, State of Maharashtra v. Chandrakant Solanki, 1995 … GS Kaggerappa, AIR 1954 SC 653. Means whatever the company finally earns after deducting all the expenditure and it goes to the company, State of Maharashtra v. Chandrakant Solanki, 1995 Cr LJ 832. Primarily means the arithmetical
pimp
pimp : one who derives income from the earnings of a prostitute usually by soliciting business compare panderer vi : to work as a pimp compare pandering
budget
budget a detailed record of all income earned and spent during a specific period of time. Source: U.S. Department of Housing and Urban Development
inchoate
inchoate lien at lien b : not yet transformed into actual use or possession [until an employee has earned his retirement pay…[it] is but an right "Peterson v. Fire & Police Pension Ass'n, 759 P.2d 720 (1988)"]
profit
price of goods over their cost b : net income from a business, investment, or capital appreciation compare earnings, loss 2 : a benefit or advantage from the use of property see also mesne profits, profit a
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