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Profits - Law Dictionary Search Results

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stock

as an aggregate 3 : capitalization common stock : a class of stock whose holders share in company profits (as through dividends) on a pro rata basis, may vote for directors and on important matters such as

surplus

excess of the net worth of a corporation over the par value of its capital stock compare undivided profits capital surplus : all surplus other than earned surplus earned surplus : the surplus that remains after deducting

trade

: to engage in frequent buying and selling of (as stocks or commodities) usually in search of quick profits trad·able also trade·able adj adj 1 : of, relating to, or used in trade or in a particular

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usufruct

fructus, literally, use and enjoyment] : the right to the use and enjoyment of another's property and its profits [a in the crops of the estate] ;esp in the civil law of Louisiana : a personal servitude

Dividend

of a sum divided that falls to each individual a distribute sum share or percentage applied to the profits as appropriated among shareholders and to assets as apportioned among creditors as the dividend of a bank a

Elegit

all of his lands are delivered to be held till the debt is paid by the rents and profits or until the defendants interest has expired

Capital and revenue receipt

revenue and capital in the law of income tax is fundamental. Tax is ordinarily not levied on capital profits; it is levied on income. It is well-settled that sale of stock-in-trade or circulating capital or rendering service

joint venture

more parties that is usually limited to a single enterprise and that involves the sharing of resources, control, profits, and losses compare combination 2 : a criminal undertaking by two or more persons in which each intentionally

Capital paid in surplus

Capital paid in surplus, Is reserve within the meaning of rule 2(1) of the Business Profits Tax Act, 1947, CIT, Calcutta v. Standard Vacuum Oil Company, (1966) 2 SCR 367: AIR 1966 SC 1393

Injunction

a patent, can be restrained, and the court will direct an account of the books printed, and the profits made by the infringer. A special injunction may be obtained whenever a proper case can be made for

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