Net Asset Value - Law Dictionary Search Results
net asset value
Matched in: Term net asset value
Net wealth
Matched in: Term Net wealth
Net-worth
Matched in: Term Net-worth
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goodwill
excess of the purchase price of a business above the value assigned for tax purposes to its other net assets NOTE: The Internal Revenue Code requires the purchaser of a business to allocate the purchase price among … goodwill 1 : an intangible asset that is made up of the favor or prestige which a business has acquired beyond the mere value
net worth
Matched in: Term net worth
surplus
receipts over disbursements c : the value of assets after subtracting liabilities 2 : an excess of the net worth of a corporation over the par value of its capital stock compare undivided profits capital surplus : … use or need is satisfied b : an excess of receipts over disbursements c : the value of assets after subtracting liabilities 2 : an excess of the net worth of a corporation over the par value
open-end
mortgage at mortgage b : having fluctuating capitalization of shares that are issued or redeemed at the current net asset value or at a figure in fixed ratio to this [an investment company] compare closed-end c : calling for
asset
Matched in: Term asset
Net wealth tax
Matched in: Term Net wealth tax
reserve
may have already occurred policy reserve : an insurance company's reserve representing the difference in value between the net premiums and assumed claims for a given year in life insurance unearned premium reserve : a reserve of … the minimum amount as determined by government standards of the deposits held by a bank or of the assets of a life insurance company required by law to be kept as reserves loss reserve 1 : a
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