Legal Dictionary

Search results for: “cpa”

  • Cpa

    Abbreviation for certified public accountant.

  • American Institute of Certified Public Accountants (AICPA)

    American Institute of Certified Public Accountants (AICPA) Definition (in the Accounting Vocabulary)The The New York State Society of Certified Public Accountants offers the following definition of American Institute of Certified Public Accountants (AICPA) in a way that is easy for anybody to […]

  • AICPA

    Law abbreviation for American Institute of Certified Public Accountants, their principal professional organization….

  • Board of Directors

    See alsoA group of individuals elected by stockholders, who as a body manage… (Read more)…

  • Risk Management

    Financial Definition of Risk Management Meaning of Risk Management The process of identifying and evaluating risks and selecting and managing techniques to adapt to risk exposures. Related Entries of Risk […]

  • Double Taxation

    Double Taxation Definition (in the Accounting Vocabulary) The New York State Society of Certified Public Accountants offers the following definition of Double Taxation in a way that is easy for anybody to understand: The act of taxing corporate earnings twice, once as the NET INCOME of the […]

  • Subsidiary

    Subsidiary

    Legal Definition and Related Resources of Subsidiary Meaning of Subsidiary As applied to a corporation , it is one that is controlled by another corporation. For legal purposes, a subsidiary corporation is a distinct legal entity from the parent […]

  • Taxable Income

    All income classified as earned income within the meaning of Section 911 of the Internal Revenue Code of 1954 (26 U.S.C.S. §911) is taxable. Income is the excess of incoming receipts over outgoing expenditures. See United States v Basye, 410 U.S. 441, 93 S. Ct. 1080.

  • Bond

    Bond

    Legal Definition and Related Resources of Bond Meaning of Bond A contract under seal to pay a sum of money ; a contract under seal acknowledging a debt, present or future. This is a single bond. A double bond is one where there is a condition […]

  • Contract

    Legal Definition and Related Resources of Contract Meaning of Contract A deliberate engagement between competent parties upon a legal consideration to do or abstain from doing some act. It is essential to the creation of a contract that the […]

  • Loan

    Loan

    Call Loan Definition (in the Accounting Vocabulary) The New York State Society of Certified Public Accountants offers the following definition of Call Loan in a way that is easy for anybody to understand: Loan repayable on demand. Also known as DEMAND LOAN. Loan Definition (in the Accounting […]

  • Penalty

    Penalty

    Legal Definition and Related Resources of Penalty Meaning of Penalty A punishment . Suffering in person or property as a punishment annexed by law or judicial decision to a violation of law. Also a definite sum named in a contract , not as a […]

  • Sole Proprietorship

    Sole Proprietorship

    A business owned by a single individual. The sole proprietorship pays no corporate income tax but has unlimited liability for business debts and obligations….

  • Partnership

    Partnership

    The relation subsisting between two or more persons who have contracted together to share as common owners the profits of a business carried on by all or any of them on behalf of all of them, Shumaker, Partnership, 2. Elements : The essential elements of a partnership are (1) a contract […]

  • Trust

    Abuse of position of trust in Law Enforcement Main Entry: Law Enforcement in the Legal Dictionary. This section provides, in the context of Law Enforcement, a partial definition of abuse of position of trust. Grammar This term is a noun. Etimology of Trust (You may find trust at the world […]