Glossary

Accrual Method Accounting

An accounting method under which you report your income when you earn it, whether or not you have received it. You generally deduct your expenses when you incur a liability for them, rather than when you pay them.

An accounting method under which you report your...

Acquiring Person

Acquiring person means any person who, individually or in association with others, acquires or offers to acquire, directly or indirectly, a controlling interest in an issuing corporation. The term does not include any person who, in the ordinary course of business and without an intent to avoid...

Acquisition

1. Except as otherwise provided in subsection 2, "acquisition" means the direct or indirect acquisition of a controlling interest. 2. "Acquisition" does not include any acquisition of shares in good faith, and without an intent to avoid the requirements of NRS 78.378 to 78.3793, inclusive: (a) by...

Adjusted Basis

Before you can figure any gain or loss on a sale, exchange, or other disposition of property or figure allowable depreciation, depletion, or amortization, you usually must make certain adjustments (increases and decreases) to the basis of the property. The...

Adjusted Gross Income

26 U.S.C. Section 62. Adjusted gross income defined

    (a) General rule
      For purposes of this subtitle, the term ''adjusted gross income''
    means, in the case of an individual, gross income minus the
    following deductions:
      (1) Trade and

Affiliate

An "affiliate" of an issuer is a person that directly, or indirectly through one or more intermediaries, controls, or is controlled by, or is under common control with, such issuer.

Source: 17 C.F.R. Section 230.144

Alternative Minimum Tax

26 U.S.C. Section 55. Alternative minimum tax imposed

    (a) General rule
      There is hereby imposed (in addition to any other tax imposed by
    this subtitle) a tax equal to the excess (if any) of -
        (1) the tentative minimum tax for the taxable

Alternative Minimum Tax (AMT)

The tax law gives preferential treatment to some kinds of income and allows special deductions and credits for some kinds of expenses. Taxpayers who benefit from these provisions of the law may have to pay an additional tax called the alternative minimum tax. It is a separate tax computation...

Annuities For A Single Life

You receive definite amounts at regular intervals for life. The payments end at death.

Annuity

An annuity is a series of payments under a contract made at regular intervals over a period of more than one full year. They can be either fixed (under which you receive a definite amount) or variable (not fixed). You can buy the contract alone or with the help of your employer.

Annuity Defined

An annuity is a series of payments under a contract made at regular intervals over a period of more than one full year. They can be either fixed (under which you receive a definite amount) or variable (not fixed). You can buy the contract alone or with the help of your employer.

At Wll Employment

This is name given to the method that most people are employed. At-Will means you can quit your employment without any reasons and the employer can terminate your employment without any reason.

At-Will employment is a contractual agreement between two parties, but it is different than term...