allocation of principal and income


Black's law dictionary. . 1990.

Look at other dictionaries:

  • Uniform Principal and Income Act — One of the Uniform Laws adopted by some states governing allocation of principal and income in trusts and estates …   Black's law dictionary

  • allocation of income — When two or more businesses are controlled by the same interests, the Commissioner of Internal Revenue may allocate or distribute income to prevent tax evasion. I.R.C. No. 482. In trust accounting, the process by which income is distributed as… …   Black's law dictionary

  • income tax — a tax levied on incomes, esp. an annual government tax on personal incomes. [1790 1800] * * * Levy imposed by public authority on the incomes of persons or corporations within its jurisdiction. In nations with an advanced system of private… …   Universalium

  • allocation of dividends — In trust accounting, cash dividends are credited or allocated to income; whereas, generally, stock dividends are credited to principal and the basis of the stock on which the dividend has been paid is changed in the portfolio. If the cash… …   Black's law dictionary

  • income — The return in money from one s business, labor, or capital invested; gains, profits, salary, wages, etc. The gain derived from capital, from labor or effort, or both combined, including profit or gain through sale or conversion of capital. Income …   Black's law dictionary

  • income — The return in money from one s business, labor, or capital invested; gains, profits, salary, wages, etc. The gain derived from capital, from labor or effort, or both combined, including profit or gain through sale or conversion of capital. Income …   Black's law dictionary

  • Agriculture and Food Supplies — ▪ 2007 Introduction Bird flu reached Europe and Africa, and concerns over BSE continued to disrupt trade in beef. An international vault for seeds was under construction on an Arctic island. Stocks of important food fish species were reported… …   Universalium

  • ALIYAH AND ABSORPTION — GENERAL SURVEY Introduction Aliyah, ascension or going up, is the coming of Jews as individuals or in groups, from exile or diaspora to live in the Land of Israel. Those who go up for this purpose are known as olim – a term used in the Bible for… …   Encyclopedia of Judaism

  • Agusan del Sur State College of Agriculture and Technology — The Agusan del Sur State College of Agriculture and Technology (ASSCAT) is a state controlled college in Bunawan, Agusan del Sur, Philippines.Html Conversion by: Keith C. PoliranEdited by: Keith C. PoliranHistoryASSCAT: ITS PAST, AND PRESENT… …   Wikipedia

  • History of science and technology in the People's Republic of China — For more than a century China s leaders have called for rapid development of science and technology, and science policy has played a greater role in national politics in China than in many other countries. China s scientific and technical… …   Wikipedia

Share the article and excerpts

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

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.