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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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