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Ellipse

figure bounded by a regular curve which corresponds to an oblique projection of a circle or an oblique section of a cone through its opposite sides The greatest diameter of the ellipse is the major axis and

Block system

A system by which the track is divided into short sections as of three or four miles and trains are so run by the guidance of electric or combined

trust

the beneficiaries) after which the principal passes to charity NOTE: Charitable remainder trusts qualify for tax exemptions under section 664 of the Internal Revenue Code. charitable remainder uni·trust [-yü-nə-trəst] : a charitable remainder trust in which the

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tentative minimum tax

liability and that is determined by adjusting taxable income by adding tax preference items under Internal Revenue Code section 57 and subtracting an exemption amount under section 55

social security

social security 1 : the principle or practice or a program of public provision (as through social insurance or assistance)

informal rulemaking

informal rulemaking : rulemaking by a government agency in accordance with the provisions of section 553 of the Administrative Procedure Act called also notice-and-comment rulemaking compare formal rulemaking NOTE: Section 553 requires that

commercial unit

commercial unit : an item or group of items defined under section 2-105 of the Uniform Commercial Code as being viewed in commerce as a single whole that would be

Orbiculate

That which is orbiculate especially a solid the vertical section of which is oval and the horizontal section circular

cash collateral

cash collateral : cash or cash equivalents (as negotiable instruments, securities, and documents of title) as specified in section 363 of chapter 11 of the Bankruptcy Code in which

boot

business or investment property that is of like kind but unequal in value NOTE: Under Internal Revenue Code section 1031, no tax liability results from an exchange solely of like-kind property used in a business or trade

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