Extension

(redirected from Extension lead)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia.

Extension

Voluntary arrangements to restructure a firm's debt, under which the payment date is postponed.

Extension

1. In options, the expiration date. Occasionally the parties to an option contract will agree to extend the expiration to a certain date in the future.

2. In taxes, the day that one must file one's return if one asked the tax agency for more time to do it. For example, in the United States the deadline to file tax returns is 15 April. If a taxpayer is unable to make this deadline, he/she may ask the IRS for an extension until 15 October. In this case, 15 October is the extension date.

3. In an offer for bids on a contract, the date to which a deadline is lengthened. If there is either a lack of interest or no good bids on a contract, the company or government offering it may extend the deadline to allow other companies to decide whether to make a bid. This second deadline is the extension date.

extension

An agreement to defer the time for doing an act or for termination of a lease.

Extension

A provision thta allows additional time to perform an act required by the tax law or by regulation. The term is used most often when referring to an extension to file the tax return, but it also applies to extensions for making available elections.
References in periodicals archive ?
Stockton fire station watch manager Stuart Simpson said the extension lead was not unravelled when power was put through it.
His father George, an electrical engineer, found the extension lead had a faulty circuit board.
Rebecca Lynch is urging people to be careful with extension leads after a fire broke out in the front bedroom of her semi-detached house on Hawthorne Drive, Brotton.
Petrol mowers come into their own on lawns more than 150 square metres, as you don't need power sockets or extension leads.
The cause is thought to be an electrical short circuit in a home made extension lead.
North Tyneside Council's trading standards officers have carried out tests on a four-socket extension lead marked Senior Move-able Socket, Made in China, following a complaint from a member of the public.
And he said he was told to fetch an extension lead for the life support unit for his daughter.
Or indeed frommy l aptop while sat in a pair of shorts down the bottom of the garden, given a long enough phone extension lead.
When choosing power tools, look for safety features like "soft start" trigger control, a keyless chuck on drills and sufficient flex on corded tools to allow you to reach every part of the room without the need for an an extension lead.
Her grandparents Robert and Denise had taken her to the park in Talybont when wires from an extension lead in the caravan awning overheated, sparking the blaze.
As long as you've got an extension lead to attach the car's cable into a three-pin power point at home, you just charge it up like a mobile phone.
James described how his friend had started strangling Mr Ripsher, at first with a towel and then with the extension lead.