Extension

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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.
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Sundust's Board of Directors has by resolution dated May 23, 1997 authorized the extention of the expiry date of the share purchase warrants (with an exercise price of $2.
Tenders are invited for vertical extention of administrative block of west bengal state university at barasat in the district of north 24 parganas from 3rd floor to 5th floor.
He is a graduate of the University of Portland and has also completed advanced coursework in financial services management at the Pacific Coast Banking Schools and the University of California Extention.
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