closed transaction — Term used in tax law to describe a taxable event which has been consummated. For example, diminution in value of goodwill of business is not a closed transaction so as to permit deduction of the diminution of value as ordinary loss. Joffre v. U.… … Black's law dictionary
closed transaction — Term used in tax law to describe a taxable event which has been consummated. For example, diminution in value of goodwill of business is not a closed transaction so as to permit deduction of the diminution of value as ordinary loss. Joffre v. U.… … Black's law dictionary
transaction — trans·ac·tion /tran zak shən, sak / n 1: something transacted; esp: an exchange or transfer of goods, services, or funds 2 a: an act, process, or instance of transacting b: an action or activity involving two parties or things that reciprocally… … Law dictionary
transaction — Act of transacting or conducting any business; between two or more persons; negotiation; that which is done; an affair. An act, agreement, or several acts or agreements between or among parties whereby a cause of action or alteration of legal… … Black's law dictionary
Transaction time — (TT) is a concept used in temporal databases. It denotes the time period during which a database fact is/was stored in the database. In a database table transaction time is often represented by two extra table columns StartTT and EndTT . The time … Wikipedia
Closed-Market Transaction — An order placed by a company's insider to buy or sell restricted securities from within the company's own treasury. Appropriate documentation must be filed before the order can be placed. A closed market… … Investment dictionary
Transaction Processing Facility — Infobox OS name = z/TPF caption = developer = IBM source model = Closed source (Source code is available to licenced users with restrictions) kernel type = Real time supported platforms = ? ui = ? family = z/TPF released = latest release version … Wikipedia
closed — Terminated; being at an end. The term is of somewhat variable meaning as relating to a business transaction, one meaning being that of reaching an agreement, the other being that of putting an agreement into effect, as where the parties to a real … Ballentine's law dictionary
closed a deal — made a business deal, made a transaction … English contemporary dictionary
Derived unique key per transaction — In cryptography, Derived Unique Key Per Transaction (DUKPT) is a key management scheme in which for every transaction, a unique key is used which is derived from a fixed key. Therefore, if a derived key is compromised, future and past transaction … Wikipedia
Burnet v. Logan — Infobox SCOTUS case Litigants = Burnet v. Logan ArgueDate = April 29 ArgueYear = 1931 DecideDate = May 18 DecideYear = 1931 FullName = Burnet, Commisioner of Internal Revenue, v. Logan USVol = 283 USPage = 404 Citation = 51 S.Ct. 550, 75 L.Ed.… … Wikipedia