Short Term - Law Dictionary Search Results
asset
as a capital asset by law (as section 1221 of the Internal Revenue Code) cur·rent asset : a short-term asset (as inventory, an account receivable, or a note) that can be quickly converted into cash equitable asset
bill
place of the security itself that entitles the purchaser to receive payment upon presentation Treasury bill : a short-term obligation sold by the government at a discount that bears no interest but is payable at its face
loan
be returned [the leasing of the vehicle was termed a subject to usury statutes] bridge loan : a short-term loan used as a means of financing a purchase or enterprise prior to obtaining other funds [used a
Keep your definitions linked to case research
Capital employed
an expression having a fixed connotation or meaning but it is susceptible of varied meanings, including or excluding short-term borrowings or long-term borrowings, whether of all categories or of any particular category or categories depending on its
gain
year) ordinary gain : a gain from the exchange or sale of an asset that is not capital short-term capital gain : a capital gain realized on the sale or exchange of an asset held for less
Agricultural Credits Acts, 1923 and 1928
1928 and 1932, an agricultural loan company has been established for making long term loans, and also for short-term loans which may be charged on farming stock.
liabilities
liabilities a person's financial obligations such as long-term / short-term debt, and other financial obligations to be paid. Source: U.S. Department of Housing and Urban Development
holding period
holds property for purposes of determining if any gain realized or loss incurred from it is long-term or short-term
Current account transaction
the foregoing such transaction includes-- (i) payments due in connection with foreign trade, other current business, services, and short-term banking and credit facilities in the ordinary course of business, (ii) payments due as interest on loans and
Treasury Bill
Treasury Bill, means a short-term debt security issued by the federal government, with a maturity of 13, 26 or 52 weeks, Black's Law
Try the research workspace - 7 days free