Nolo’s Plain-English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009.
fiscal year accounting period — A 12 month period ending on the last day of any month except December. Many businesses are required to use a calendar year as their tax year, but if you can prove that your business has a natural business year that is different from the calendar… … Law dictionary
Calendar Year Experience — The underwriting result based on earned premiums and booked incurred losses for the same calendar year accounting period. This term is used in the insurance industry to signify an insurance company s experience during a calendar year, in terms of … Investment dictionary
Accounting period — An accounting period is a period with reference to which United Kingdom corporation tax is charged. [Section 12 of the Income and Corporation Taxes Act 1988] It helps dictate when tax is paid on income and gains. An accounting period begins… … Wikipedia
accounting period — The period of time, usually a year, used by a taxpayer in the determination of income and related tax liability. Unless a fiscal year is chosen, taxpayers must determine and pay their income tax liability by using the calendar year (i.e., January … Black's law dictionary
accounting period — The period of time, usually a year, used by a taxpayer in the determination of income and related tax liability. Unless a fiscal year is chosen, taxpayers must determine and pay their income tax liability by using the calendar year (i.e., January … Black's law dictionary
Calendar Year — The one year period that begins on January 1 and ends on December 31, based on the commonly used Gregorian calendar. For individual and corporate taxation purposes, a calendar year will generally comprise all of the year s financial information… … Investment dictionary
Accounting Period — 1. In general, the time period reflected by a set of financial statements. 2. In terms of taxation, it is the 12 month period a taxpayer uses to determine his or her income tax. The accounting period is usually the calendar year … Investment dictionary
year — [jɪə, jɜː ǁ jɪr] written abbreviation yr noun [countable] 1. also calendar year the period of time beginning on January 1 and ending on December 31: • The Small Business Administration arranged 55,000 small business loans last year. 2 … Financial and business terms
calendar — The established order of the division of time into years, months, weeks, and days; or a systematized enumeration of such arrangement; an almanac @ calendar call A court session given to calling the cases awaiting trial to determine the present… … Black's law dictionary
calendar — The established order of the division of time into years, months, weeks, and days; or a systematized enumeration of such arrangement; an almanac @ calendar call A court session given to calling the cases awaiting trial to determine the present… … Black's law dictionary
