transaction for profit

transaction for profit
Any business activity productive of income. Re Kansas City Star Co. 346 Mo 658, 142 SW2d 1029, 130 ALR 1168.

Ballentine's law dictionary. . 1998.

Игры ⚽ Нужен реферат?

Look at other dictionaries:

  • Humanitarian response by for-profit organisations to the 2010 Haiti earthquake — Contents 1 Africa 1.1  Kenya 2 Asia 2.1  Isra …   Wikipedia

  • profit — See profit a prendre; profits; transaction for profit …   Ballentine's law dictionary

  • profit — prof·it n 1: gain in excess of expenditures: as a: the excess of the selling price of goods over their cost b: net income from a business, investment, or capital appreciation compare earnings, loss …   Law dictionary

  • Transaction Workflow Innovation Standards Team — (Twist) is a not for profit industry standards group. It does not charge anything for involvement. The main goal of Twist is to create non proprietary XML message standards for the financial services industry. To this end it provides a message… …   Wikipedia

  • profit — total revenue less total expenses for a period of time calculated in accordance with generally accepted accounting principles. Glossary of Business Terms Revenue minus cost. The amount one makes on a transaction. Bloomberg Financial Dictionary *… …   Financial and business terms

  • Profit — Pro fit, n. [F., fr. L. profectus advance, progress, profit, fr. profectum. See {Proficient}.] 1. Acquisition beyond expenditure; excess of value received for producing, keeping, or selling, over cost; hence, pecuniary gain in any transaction or… …   The Collaborative International Dictionary of English

  • profit share agreement — England, Wales Also known as a profit participation agreement or exit fee agreement. In the context of a finance transaction, an agreement between a lender and borrower, where the borrower agrees to pay the lender a fee or profit share on the… …   Law dictionary

  • profit — Most commonly, the gross proceeds of a business transaction less the costs of the transaction; i.e. net proceeds. Excess of revenues over expenses for a transaction; sometimes used synonymously with net income for the period. Gain realized from… …   Black's law dictionary

  • Currency transaction tax — For the more specific types of currency transaction taxes , see Tobin tax and Spahn tax. See also: Financial transaction tax A currency transaction tax is a tax placed on a specific type of currency transaction for a specific purpose. This term… …   Wikipedia

  • profit — 1) (margin; profit margin) For a single transaction or set of transactions, the excess of sales revenue over the costs of providing the goods or services sold. See: gross profit, net profit 2) For a period of trading, the surplus of net assets at …   Accounting dictionary

Share the article and excerpts

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