Legal Dictionary

Search results for: “profit”

  • Profit Sharing Plan

    United States Tax Concept of Profit Sharing Plan A defined contribution plan for distributing a predetermined percentage of a company’s profits to its employees that are eligible to participate in the plan.

  • Unlawful Profits Order

    Unlawful profits order in Law EnforcementMain Entry: Law Enforcement in the Legal Dictionary. This section provides, in the context of Law Enforcement, a partial definition of unlawful profits order.ResourcesSee AlsoLaw Enforcement Officer Police Law Enforcement Agency Further Reading unlawful […]

  • Secret Profits

    Secret profits in Law EnforcementMain Entry: Law Enforcement in the Legal Dictionary. This section provides, in the context of Law Enforcement, a partial definition of secret profits.ResourcesSee AlsoLaw Enforcement Officer Police Law Enforcement Agency Further Reading secret profits in A […]

  • Non-for-Profit Organization

    Non-for-Profit Organization Definition (in the Accounting Vocabulary)The The New York State Society of Certified Public Accountants offers the following definition of Non-for-Profit Organization in a way that is easy for anybody to understand: An incorporated organization which exists for […]

  • Margin of Profit

    Margin of Profit Definition (in the Accounting Vocabulary)The The New York State Society of Certified Public Accountants offers the following definition of Margin of Profit in a way that is easy for anybody to understand: Relationship of gross profits to net sales.

  • Non-profit Corporations

    United States Tax Concept of Non-profit Corporations Corporations that were organized without a profit motive. Because most non-profit corporations are dedicated to charitable or educational efforts they are exempt from income taxes. However, they still must file an informational return.

  • Not-for-Profit

    Not-for-Profit Definition (in the Accounting Vocabulary)The The New York State Society of Certified Public Accountants offers the following definition of Not-for-Profit in a way that is easy for anybody to understand: Type of incorporated organization in which no stockholder or TRUSTEE shares […]

  • Account of Profits

    English Legal System: Account of ProfitsIn the context of the English law, A Dictionary of Law provides the following legal concept of Account of Profits : A remedy that a claimant can claim as an alternative to damages in certain circumstances, e.g. in an action for breach of *copyright. A […]

  • Amortization profit

    An inartistic term for the extra cash a seller of real estate will have due to the repayments of mortgage principal he made during the time he owned the property. The term is misleading because the extra cash is not profit; it is just the repayment of borrowed money, i.e., a further investment […]

  • Accumulated profits tax

    A way of referring to those provisions of [the] Internal Revenue Code designed to penalize corporations which accumulate earnings beyond the needs of the business so as to avoid distributions to shareholders, who would thereupon be taxed on what they had received. It is a particular temptation […]

  • Abnormal profit

    See normal profit….

  • Low-Profit Limited Liability Company (L3C)

    Low-Profit Limited Liability Company (L3C)…

  • Profit-making Organization

    Organización con fines de lucro…

  • Risk-Adjusted Profitability

    A probability used to determine a sure expected value (sometimes called a certainty equivalent) that would be equivalent to the actual risky expected value….

  • Profitability Ratios

    Ratios that focus on the profitability of the firm. Profit margins measure performance with relation to sales. Rate of return ratios measure performance relative to some measure of size of the investment….