Boot

(redirected from Boot process)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia, Wikipedia.

Boot

Money or an asset added to a trade in order to make it reflect the fair market value of the assets being traded. A common example of a boot is a trade between a new car and an old car. The person trading the old car will usually add money or another asset to the deal in order to make it "even." The boot is often taxable even in an otherwise tax-free transaction.

boot

(1) Money or other property that is not like-kind and is given to make up the difference in value between two properties exchanged in a like-kind exchange under Section 1031 of the Internal Revenue Code.If a gain would otherwise be recognized on the transaction,except for the intervention of the 1031 vehicle,then gain must be recognized and taxes paid to the extent of the value of the boot. (2) Especially in Texas, it is common among property developers to require some type of boot to show that more than money is involved in their business transactions.

Example: A seller might agree to sell prime property for $12,000,000, but only if the buyer throws in a particularly handsome bronze statue sitting on his desk.

Boot

Cash or property of a type not included in the definition of qualifying property for purposes of structuring a nontaxable exchange. The receipt of boot will cause an otherwise tax-free transfer to become taxable to the extent of the lesser of the fair market value of the boot or the realized gain on the transfer. Examples of nontaxable exchanges that could be partially or completely taxable due to the receipt of boot include transfers to controlled corporations and like-kind exchanges.
References in periodicals archive ?
We believed faster startup times could be achieved through streamlining the boot process, and our many years of UEFI BIOS experience proved crucial toward accomplishing this goal, "said Barry Doong, Vice President of the Software and Drivers Group at Insyde Software.
This release includes the premiere of a new graphical boot system called Plymouth, designed to speed up the boot process by taking advantage of a new kernel mode setting feature.
HyperRAM memory is ideal for SoCs with limited RAM and provides a scalable solution for extending fast read and write operations externally, allowing fast delivery of high-resolution graphics in the early part of the boot process for automotive, industrial and IoT applications.
The Matasano report goes on to state that its security experts could identify "no architectural flaws that would allow for the injection of foreign code in to the SourceT system", and "methods which would directly lead to privilege escalation, or allow a remote attacker to alter the boot process, were also not identified.
Systemd can manage the entire boot process, and it allows starting services in parallel, which means more work can be done concurrently at system startup.
Our expanded partnership continues to reduce the total cost of IT ownership by maximizing consolidation of server resources and simplifying management by centralizing the boot process.
The ensuing tight integration with Windows results in a "secure operating system" that protects data from the boot process onwards.
Without a secure boot process, code executing on any embedded system is by definition untrusted.
Secure boot requires the operating system to be digitally signed to protect malware from infecting the boot process.