Net Sales - Law Dictionary Search Results
net sales
net sales Total sales of a business minus discounts, returns and pricing
net profit before taxes
net profit before taxes Net sales or total receipts of a business minus all expenses except
gross profit
gross profit Net sales minus the cost of goods sold
margin
margin 1 : the difference between net sales and the cost of the merchandise sold from which expenses
Statutory trusts
upon trust for sale and to stand possessed of the net proceeds of sale after payment of costs and net rents … held upon 'statutory trusts' shall be held upon trust for sale and to stand possessed of the net proceeds of sale
Undivided shares in land
are to take effect as equitable interests only in the net proceeds of sale and of the rents and profits of … 205, and 1st Sch., Part IV., and cf. TRUST FOR SALE, such shares are to take effect as equitable interests only
Main Pot
Revenue Code section 1231 in which all qualified transactions are netted to determine if the result is a loss or gain … in the Casualty Pot if they have netted a gain; sales, exchanges, or condemnations of depreciable or real property used in
Partition
S. 28 (3) of that Act provides that where the net proceeds of sale have under the trusts affecting the same … of the parties interested, or of any other circumstance, a sale of the property and a distribution of the proceeds would
listing
agent and the agent that initiates the listing of it net listing : a listing under which the agent that sells … introduced into the process by the agent, even if the sale occurs after the agreement expires. exclusive right to sell listing
Uses
permit and suffer a party to receive and take the net rents and profits. (4) A second use, or a use … sell the estate and then divide the proceeds of the sale or to pay debts, or to pay over the profits,
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