Proceeds


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Proceeds

Money received by the seller of an asset.

Proceeds

The money one receives from a transaction, usually before all commissions, fees, and related expenses. For example, if one sells his/her house, the proceeds are the funds one receives from the buyer. In many ways, proceeds are identical to revenue, but they often refer to a single sale or transaction rather than all of the money one receives over a period of time.

proceeds

The amount received from the sale of an asset. The term usually refers to the amount received before deduction of commissions or other costs related to the transaction. See also net proceeds.
References in periodicals archive ?
Even if the parties settle, and "no petitioner remains in the post-grant review, the [Patent Trial and Appeal Board (PTAB)] may proceed to a final written decision.
If the surviving income beneficiary dies possessing the power during her lifetime to appoint the life insurance proceeds only to her children, are the proceeds includable in her estate?
Litigation proceeds and the related legal fees generally fall into four categories:
This enabled the Borrower to receive $20 million of loan proceeds in excess of the proceeds of the construction loan.
It was a breach of fiduciary duty, conflict of interest, unsafe and unsound practice, and violation of law, for Respondent to divert portions of customer loan proceeds on 13 home equity loans without the customers' knowledge, consent, or approval; falsify internal loan documents in order to hide from the Bank the fact that he was charging customers broker fees that exceeded the Bank's broker fee cap; and give customers misleading HUD-1 Settlement Statements that masked the broker fees charged.
104(a), settlement proceeds received on account of physical personal injury or sickness are excludible from income.
The first stage involves the placement of proceeds derived from illegal activities--the movement of proceeds, frequently currency--from the scene of the crime to a place, or into a form, less suspicious and more convenient for the criminal.
109, the IRS determined that a distributing corporation could liquidate a wholly owned subsidiary and distribute the subsidiary's business, or the subsidiary could sell its business and liquidate under section 332 and then the distributing corporation could distribute the sales proceeds.
The proceeds will be used to purchase an interest in an electric power station in Ghana, for completion and start-up of the Bogoso Sulfide Expansion Project, for a feasibility study for and work on the Company's Hwini-Butre and Benso properties located in southwest Ghana, and for general corporate and working capital purposes.
There is one other exception to the gross proceeds limitation.
Where the typical first mortgage provider only provides up to 70% loan-to-value financing, the mezzanine provider is willing to increase those proceeds to 85% or 90%.
Thus, only a surviving spouse who acquires IRA proceeds may elect to treat them as his or her own and roll them over into his or her own IRA.

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