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exempt assets

См. также в других словарях:

  • assets — are every form of property that the debtor owns. They include such intangible things as business goodwill; the right to sue someone; or stock options. The debtor must disclose all of his assets in the bankruptcy schedules; exemptions remove the… …   Glossary of Bankruptcy

  • assets — /aesets/ Property of all kinds, real and personal, tangible and intangible, including, inter alia, for certain purposes, patents and causes of action which belong to any person including a corporation and the estate of a decedent. The entire… …   Black's law dictionary

  • assets — /aesets/ Property of all kinds, real and personal, tangible and intangible, including, inter alia, for certain purposes, patents and causes of action which belong to any person including a corporation and the estate of a decedent. The entire… …   Black's law dictionary

  • non-exempt — UK US (also nonexempt) adjective ► LAW, TAX, FINANCE used to describe something that has to be done, paid, etc. because it is not one of the situations where a particular rule or law does not have to be obeyed: »People going bankrupt sometimes… …   Financial and business terms

  • chargeable assets — All forms of property, wherever situated, that are not specifically designated as exempt from tax on capital gains. Exempt assets include motor cars, National Savings Certificates, foreign currency for private use, betting winnings, life… …   Accounting dictionary

  • chargeable assets — All forms of property, wherever situated, that are not specifically designated as exempt from tax on capital gains Exempt assets include motor cars, National Savings Certificates, foreign currency for private use, betting winnings, life insurance …   Big dictionary of business and management

  • tax-exempt — ▪ I. tax exempt ˈtax exˌempt 1 noun [countable] TAX an investment on which you do not have to pay tax: • There is strong investor demand for tax exempts.   [m0] ▪ II. tax exempt tax exempt 2 adjective …   Financial and business terms

  • United States House Select Committee to Investigate Tax-Exempt Foundations and Comparable Organizations — This article is about the 1952 1954 investigation into non profits. For the 80s and 90s report on the People s Republic of China s covert operations within the United States, see Cox Report. The Select Committee to Investigate Tax Exempt… …   Wikipedia

  • Bankruptcy — Notice of closure attached to the door of a computer store the day after its parent company declared bankruptcy (strictly, put into administration see text) in the United Kingdom. Bankruptcy is a legal status of an insolvent person or an… …   Wikipedia

  • prebankruptcy planning — The transmutation of a debtor s property in an effort to maximize the benefits afforded by the exemption statutes. Prebankruptcy planning typically includes converting nonexempt assets into exempt assets (SA Bankruptcy.com) The arrangement (or… …   Glossary of Bankruptcy

  • pre-bankruptcy planning — The transmutation of a debtor s property in an effort to maximize the benefits afforded by the exemption statutes. Prebankruptcy planning typically includes converting nonexempt assets into exempt assets (SA Bankruptcy.com) The arrangement (or… …   Glossary of Bankruptcy

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