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deduction

under sections 151 and 152 of the Internal Revenue Code) itemized deduction : a deduction for a specifically recorded item that is allowed to be taken from adjusted gross income if the total of such deductions exceeds

bond

payable to its bearer compare registered bond in this entry book-entry bond : a bond whose ownership is recorded by computer but for which no certificate is issued convertible bond : a bond that may be exchanged

bill

someone who was not a party to the original suit usually before the decree is entered in the record compare bill of review in this entry NOTE: Bills in the nature of a bill of review were

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best evidence rule

rule : a rule of evidence: in order to prove what is said or pictured in a writing, recording, or photograph the original must be provided unless the original is lost, destroyed, or otherwise unobtainable called also

auditor

auditor 1 : a person qualified and authorized to examine and verify financial records 2 : a referee appointed by a court in a civil action ;esp : one designated to prepare

audit

audit 1 : a formal examination of an organization's or an individual's financial records often for the purpose of uncovering fraud or inaccurate tax returns ;also : the final report of such

arbitrary

arbitrary and capricious [an agency finding or conclusion of lack of evidence would be and capricious if the record afforded no substantial basis for such a finding "Irvin v. Hobby, 131 F. Supp. 851 (1955)"] NOTE: Under

agent

on behalf of a publicly held corporation in handling the transfer of stock and other securities and keeping records of the owners universal agent : an agent acting under a general agency b : a representative of

act

a sovereign, a legislative council, or a court of justice compare bill 3 often cap : a formal record of something done or transacted [given as my free and deed] [matters of procedure are provided for in

accrual basis accounting

accrual basis accounting An accounting method that records sales, expenses or other events at the time they occur, rather than when cash changes hands

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