exclusion provision
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exclusion — Denial of entry or admittance. In taxation, item of income that is excluded from gross income (i.e., not taxed) because of particular I.R.C. provision; e.g., gifts and inheritance (I.R.C. No. 102); qualified sajplarships (I.R.C. No. 117) Compare… … Black's law dictionary
exclusion — Denial of entry or admittance. In taxation, item of income that is excluded from gross income (i.e., not taxed) because of particular I.R.C. provision; e.g., gifts and inheritance (I.R.C. No. 102); qualified sajplarships (I.R.C. No. 117) Compare… … Black's law dictionary
Alcohol exclusion laws — permit insurance companies to deny claims associated with the consumption of alcohol. They were passed in the 1940s in the United States to discourage people from drinking alcoholic beverages and to save insurance companies money from alcohol… … Wikipedia
Vermin Exclusion — A provision of a property insurance policy that states that the policy will not pay benefits to the policyholder for damage caused by pests such as lice, fleas, roaches, bed bugs and rodents. Insurance companies commonly consider pest control to… … Investment dictionary
Wear And Tear Exclusion — A provision of an insurance contract that states that the normal, expected deterioration of the insured object will not be covered by the policy. Wear and tear is excluded from insurance policy coverage because it is inevitable. Insurance is… … Investment dictionary
Commodity Futures Modernization Act of 2000 — The Commodity Futures Modernization Act of 2000 (CFMA) is United States federal legislation that officially ensured the deregulation of financial products known as over the counter derivatives. It was signed into law on December 21, 2000 by… … Wikipedia
United Kingdom — a kingdom in NW Europe, consisting of Great Britain and Northern Ireland: formerly comprising Great Britain and Ireland 1801 1922. 58,610,182; 94,242 sq. mi. (244,100 sq. km). Cap.: London. Abbr.: U.K. Official name, United Kingdom of Great… … Universalium
Tax Increase Prevention and Reconciliation Act of 2005 — The Tax Increase Prevention and Reconciliation Act of 2005 (or TIPRA, USPL|109|222, USStat|120|345) was enacted on May 17, 2006. This bill prevents several tax provisions from sunseting in the near future. The two most notable pieces of the bill… … Wikipedia
United States — a republic in the N Western Hemisphere comprising 48 conterminous states, the District of Columbia, and Alaska in North America, and Hawaii in the N Pacific. 267,954,767; conterminous United States, 3,022,387 sq. mi. (7,827,982 sq. km); with… … Universalium
Public good — For the egalitarian terms, see Common good and Public interest. In economics, a public good is a good that is nonrival and non excludable. Non rivalry means that consumption of the good by one individual does not reduce availability of the good… … Wikipedia
education — /ej oo kay sheuhn/, n. 1. the act or process of imparting or acquiring general knowledge, developing the powers of reasoning and judgment, and generally of preparing oneself or others intellectually for mature life. 2. the act or process of… … Universalium