Profits - Law Dictionary Search Results
consign
consign : to entrust (one's goods) to the possession of a dealer to be sold for profit or returned if unsold compare bail, entrust con·sign·ment n con·sign·or [kən-sī-nər, kÄ n-sī-nȯr] n
common
[ shares] n 1 pl cap : house of commons 2 : the legal right of taking a profit in another's land in common with the owner or others [the of estovers] [the of pasture] 3 :
Casualty Pot
assets held for more than one year in connection with a trade or business or transaction made for profit. If the net result of the calculation is a loss, then the ordinary rules for gains and losses
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break-even analysis
break-even analysis The method of determining the exact point at which a company makes neither a profit nor a loss
breach
repudiation of the contract ef·fi·cient breach : breach of contract in economic theory in which it is more profitable for the breaching party to breach the contract and pay damages than to perform under the contract ma·te·ri·al
book
a record of a business's financial transactions or financial condition often used in pl. [the s show a profit] 2 : police register 3 : the bets registered by a bookmaker ;also : the business or activity
arbitrage
the stock of a takeover target esp. for the purpose of selling it to the raider for a profit
annual report
sets forth financial information (as an auditor's report, the selling prices of the corporation's stock, and the yearly profit) as well as statements by the corporation's management
allowance for bad debts
debts account to pay for the bad debt. Because you already made the allowance for bad debts, your profit and loss statement will not be out of whack in the particular month that you decide to "write-off"
aleatory
dice player, from alea, a dice game] : depending on an uncertain event or contingency as to both profit and loss [the nature of a lawyer's contingency fee arrangement]
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