Use Value - Law Dictionary Search Results
Rate
Dictionary, 7th Edn., p. 1268. The term 'rate' is also used to mean a charge by a water, gas, railway, or … property within a parish or other area. Proportional or relative value; the proportion of which quantity or value is adjusted, Black's
Goods
all materials, articles and commodities whether or not to be used in the construction, fitting out, improve-ment or repair of movable … before sale or under the contract of sale, [The Maharashtra Value Added Tax Act, 2005, s. 2(12)] Means all kinds of
salvage value
sale of a fixed asset at the end of its useful life NOTE: Salvage value is used in calculating depreciation.
Consumption and use
the act of consuming and in ordinary parlance means the use of an article in a way which destroys, wastes or … At every such intermediate stage of production, some utility or value is added to goods which are used as raw materials
Consummation
the act of consuming and in ordinary parlance means the use of an article in a way which destroys, wastes or … At every such intermediate stage of production, some utility or value is added to goods which are used as raw materials
basis
has set some limits on which method a taxpayer may use for figuring taxable income. For example, a corporation with gross … received or made called also cash method 3 : the value (as cost or fair market value) of an asset used
bond
that may be redeemed at face value before maturity if used in settling federal estate taxes guaranteed bond : a bond
Ad valorem
Ad valorem, a term used in speaking of the duties or customs paid on certain … on others are paid ad valorem--that is, according to their value. The term is used also of stamp duties, which, in
life insurance
insured and that can be sold for surrender value or used as the basis of low-interest loans called also ordinary life
true value
of personal property for purposes of taxation of such property used in business … true value 1 : fair market value called also true cash value
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