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.
References in periodicals archive ?
According to the BBC report, the root cause of the problem is the range of proprietary file formats that proliferated during the early digital revolution.
I used ArcCatalog to create metadata; ArcIMS MetadataServer, ArcSDE, and SQL Server to publish and store all the metadata and geospatial vector data; and SpatialDirect and FME to access data from ArcSDE and convert ArcSDE data into more than thirty different file formats.
Deploying a D2D backup system using full file format eliminates the need to do an immediate restore, with administrators trying to recover files in a panic situation.
You can grab the book to look up something quickly, access vendors' format specifications, images, or code on the CD-ROM, or go on the Internet and check our GFF Web Center for the latest information on more than 100 file formats and all kinds of related graphics resources.
Of these, the encapsulated Postscript (EPS) and the tagged image file format (TIFF) are the most popular.
JHOVE was created by staff at the Harvard University Library to ingest various file formats that they are archiving (see http://hul.
The difficulties of converting native file format documents to accurate PDF renditions have been discussed for many years.
Solutions using native file format on the other hand support incremental backups.
It can import and export both STEP and ICES file formats, it supports Autodesk's own DWG and DXF, and it supports STL (stereolithography), SAT (ACIS), Autodesk VIZ, and, for output only, 3ds max.
Kofax (LSE:DCM), the world's largest information capture vendor, today announced plans to support the Microsoft XML Paper Specification (XPS) document file format and Microsoft's Windows Imaging architecture for production scanning and capture.
DMP-connected audio systems can access content files stored on a computer in any file format, including MP3, WMA or AAC, which is the file format used by iTunes and other content services.