property held for sale

property held for sale
See sale in ordinary course of business.

Ballentine's law dictionary. . 1998.

Игры ⚽ Поможем написать реферат

Look at other dictionaries:

  • held for sale — Property in the possession of an agent authorized to sell it. Merchandise or stock of goods in place of business. A clause describing the subject matter of a dealers collision insurance policy, so that the protection of the dealer s automobile… …   Ballentine's law dictionary

  • trust for sale — ˌtrust for ˈsale noun trusts for sale PLURALFORM [countable] LAW a trust that contains instructions to sell land or other property immediately and to give the money made from the sale to a named person or named people * * * trust for sale UK US… …   Financial and business terms

  • primarily for sale to customers — An income tax law term signifying property held by a dealer for sale to customers in the ordinary course of business. Anno: 46 ALR2d 639 …   Ballentine's law dictionary

  • property — prop·er·ty n pl ties [Anglo French propreté proprieté, from Latin proprietat proprietas, from proprius own, particular] 1: something (as an interest, money, or land) that is owned or possessed see also asset, estate, interest …   Law dictionary

  • 1231 property — refers to the tax treatment of certain types of property under [http://www.law.cornell.edu/uscode/uscode26/usc sec 26 00001231 000 .html 26 USCA § 1231] of the Internal Revenue Code for the United States of America. The types of 1231 property… …   Wikipedia

  • property law — Introduction       principles, policies, and rules by which disputes over property are to be resolved and by which property transactions may be structured. What distinguishes property law from other kinds of law is that property law deals with… …   Universalium

  • Sale of Goods Act 1979 — The Sale of Goods Act 1979 is a British Act of Parliament (1979, ch 54) which regulates contracts in which goods are sold and bought. The Act consolidates the Sale of Goods Act 1893 and subsequent legislation, which in turn consolidated the… …   Wikipedia

  • property tax — a tax levied on real or personal property. [1800 10] * * * Levy imposed on real estate (land and buildings) and in some jurisdictions on personal property such as automobiles, jewelry, and furniture. Some countries also levy property taxes on… …   Universalium

  • railroad property — Property essential to the operation of a railroad. The term includes the road bed, right of way, tracks, bridges, stations, rolling stock, and such like property; but it does not include land owned by the railroad and held for sale by it, for… …   Ballentine's law dictionary

  • Property — is any physical or virtual entity that is owned by an individual. An owner of property has the right to consume, sell, mortgage, transfer and exchange his or her property.cite web|url=http://www.businessdictionary.com/definition/property.html|titl… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”