Installment sale in the United States — In United States income tax law, an installment sale is generally a disposition of property where at least 1 payment is to be received after the close of the taxable year in which the disposition occurs. [usc|26|453(b)(1).] The term installment… … Wikipedia
Structured sale — A structured sale is a special type of installment sale pursuant to the Internal Revenue Code. [usc|26|453.] Installment sales permit sellers to defer recognition of gains on the sale of a business or real estate to the tax year in which the… … Wikipedia
loan — A lending. Delivery by one party to and receipt by another party of sum of money upon agreement, express or implied, to repay it with or without interest. Boerner v. Colwell Co., 21 Cal.Sd 37, 145 Cal.Rptr. 380, 384, 577 P.2d 200. Anything… … Black's law dictionary
loan — A lending. Delivery by one party to and receipt by another party of sum of money upon agreement, express or implied, to repay it with or without interest. Boerner v. Colwell Co., 21 Cal.Sd 37, 145 Cal.Rptr. 380, 384, 577 P.2d 200. Anything… … Black's law dictionary
Internal Revenue Code section 1031 — Under Section 1031 of the Internal Revenue Code (usc|26|1031), the exchange of certain types of property may defer the recognition of capital gains or losses due upon sale, and hence defer any capital gains taxes otherwise due.ummaryTo qualify… … Wikipedia
commercial transaction — ▪ economics Introduction in law, the core of the legal rules governing business dealings. The most common types of commercial transactions, involving such specialized areas of the law and legal instruments as sale of goods and documents of… … Universalium
Capital gains tax — A capital gains tax (abbreviated: CGT) is a tax charged on capital gains, the profit realized on the sale of a non inventory asset that was purchased at a lower price. The most common capital gains are realized from the sale of stocks, bonds,… … Wikipedia
binder — bind·er / bīn dər/ n 1: a temporary insurance contract that provides coverage until the policy is issued 2: a receipt for money paid to the owner of real estate or to the owner s agent to secure the right to purchase the real estate upon agreed… … Law dictionary
discharge — Synonyms and related words: AC arc, Poulsen arc, abide by, abrogate, absolution, absolve, accomplish, accomplished fact, accomplishment, accordance, achieve, achievement, acknowledgment, acquit, acquitment, acquittal, acquittance, adhere to,… … Moby Thesaurus
quittance — Synonyms and related words: absolution, acknowledgment, acquitment, acquittal, acquittance, amends, amortization, amortizement, atonement, binder, blood money, canceled check, cash, cash payment, clearance, clearing, comeuppance, compensation,… … Moby Thesaurus
