Net Sales - Law Dictionary Search Results
net sales
Matched in: Term net sales
gross profit
gross profit Net sales minus the cost of goods sold
Statutory trusts
land held upon 'statutory trusts' shall be held upon trust for sale and to stand possessed of the net proceeds of sale after payment of costs and net rents and profits until sale subject to rates, taxes, … the (English) Law of Property Act, 1925, land held upon 'statutory trusts' shall be held upon trust for sale and to stand possessed of the net proceeds of sale after payment of costs and net rents and
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Undivided shares in land
IV., and cf. TRUST FOR SALE, such shares are to take effect as equitable interests only in the net proceeds of sale and of the rents and profits of the entirety of the land until sale, while … same s. 1 (3) and ss. 34 (4), 205, and 1st Sch., Part IV., and cf. TRUST FOR SALE, such shares are to take effect as equitable interests only in the net proceeds of sale and of
Main Pot
in the Main Pot are as follows: casualties in the Casualty Pot if they have netted a gain; sales, exchanges, or condemnations of depreciable or real property used in a business for more than one year; and … a step in calculating tax liability under Internal Revenue Code section 1231 in which all qualified transactions are netted to determine if the result is a loss or gain called also Big Pot Hodge Podge hotchpot; compare
Partition
of Property Act, 3rd Sch., s. 1 (10). S. 28 (3) of that Act provides that where the net proceeds of sale have under the trusts affecting the same become absolutely vested in persons of full age … to which the suit relates, or the number of the parties interested, or of any other circumstance, a sale of the property and a distribution of the proceeds would be more beneficial for the parties interested than
net profit before taxes
Matched in: Term net profit before taxes
listing
sale of a property shared between the selling agent and the agent that initiates the listing of it net listing : a listing under which the agent that sells a property retains as compensation the amount of … owner sells directly to a buyer who was introduced into the process by the agent, even if the sale occurs after the agreement expires. exclusive right to sell listing : a listing under which only one agent
margin
margin 1 : the difference between net sales and the cost of the merchandise sold from which expenses are usually met or profits derived 2 :
loss
an act or event compare consequential loss in this entry in·di·rect loss : consequential loss in this entry net op·er·at·ing loss : the amount by which the expenses of operating a business exceed the income derived from … : the amount by which the book value of a capital asset exceeds the amount realized from the sale or exchange of the asset casualty loss : loss of property as a result of a fire, storm,
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