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mesne profits

mesne profits : profits (as from crops) earned by one in wrongful possession of property [the rightful owner sued for

Maintainable profits

Maintainable profits, The 'maintainable profits' would be a certain percentage (say 80%) of the net profits of the company after

Excess profits duty

Excess profits duty, a duty imposed by the Finance (No. 2) Act, 1915 (ss. 38-45), on such profits as a

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Accumulated profits

Accumulated profits, Profit that has accrued but not yet been distributed; earned surplus - also termed undivided profits, See C.I.T.

short-swing profit

short-swing profit : a profit made by a corporate insider who purchases stock and sells it or sells stock and

Undivided profits

Undivided profits, the amount designated as 'Undivided profits' is a part of the reserves and has to be taken into

Taxable profits

Taxable profits, the expression 'Taxable profits' is defined in s. 2(17) as the amount by which the profits during a

Profits in lieu of salary

Profits in lieu of salary, in defining the expression 'profits in lieu of salary', the legislature excluded from the

net profit after taxes

net profit after taxes A company's net profit before taxes, minus federal, state or local income or franchise taxes

Violent profits

Violent profits. Mesne profits in Scotland. 'They are so called because due on the tenant's forcible or unwarrantable detaining the

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