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Net Worth - Law Dictionary Search Results

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Net-worth

Net-worth, means the sum total of the paid-up capital and free … (1 of 1986), s. 3 (1) (ga)] The concept of 'Net Worth' always denotes the excess of the book value of all

net worth method

net worth method : a method used by the Internal Revenue Service … calculate tax evasion in which the change in a taxpayer's net worth is compared to reported taxable income taking into account living

net worth

net worth : the excess of the value of assets over liabilities

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Net wealth tax

on capital which are summarised in this chapter are the net worth tax, the real property tax, and the capital levy under … imposed on an object. Example of the former are the net worth tax and the capital levy under the Equalization of Burdens

asset

1 : the excess of assets over liabilities called also net worth 2 : admitted assets considered as a whole net quick

accredited investor

Exchange Commission regulations as one having at least a specified net worth and a certain level of knowledge and experience in financial

surplus

assets after subtracting liabilities 2 : an excess of the net worth of a corporation over the par value of its capital

Sick Industrial Company

financial year accumulated losses equal to or exceeding its entire net worth. [Sick Industrial Companies (Special Provisions) Act, 1985, s. 3(1)(o)]

loss

this entry in·di·rect loss : consequential loss in this entry net op·er·at·ing loss : the amount by which the expenses of … cargo would be more than the ship or cargo is worth compare actual total loss in this entry direct loss :

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