Act

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Act

1. See: Activity.

2. In insurance, any deed, especially one that foregoes the possibility of coverage. For example, life insurance policies rarely extend coverage if the policyholder commits suicide. In this case, the suicide is called an act.

ACT

see ADVANCE CORPORATION TAX.
References in periodicals archive ?
The moderating factors that will be discussed here are barriers to enacting meaningful behaviors within fatherhood identity, the length of prison sentence, the prison ideology of fatherhood, and the commitment and salience of fatherhood identity before incarceration (see Burke, 1991).
The constant need to extend certain Code provisions (such as AMT relief for individuals, the research and experimentation tax credit, and the work opportunity tax credit) adds confusion to the law and, in many cases, undermines the policy reasons for enacting the incentives in the first place.
Before enacting expansive legislation dealing with corporate tax shelters, Congress is well advised both to ask and to answer the question "What is meant by the term `corporate tax shelter'?
Surely before enacting a greatly expanded section 269 to disallow deductions, credits, exclusions, or other allowances obtained in tax shelter transactions, the Treasury Department and the IRS should be called into account for its current use -- or disuse -- of section 269.
But he and other Roundtable leaders said they didn't underestimate the political difficulty of enacting their proposal.
In the complaint, Plaintiff seeks a judgment declaring the City of New York's actions in enacting the increased penalties to be null and void and awarding Plaintiff and Class Members compensatory damages and restitution of the portion of their penalty payments which represent the wrongful increases.
Third, in enacting this bill, Congress misses an opportunity to roll programs back to the states.
Nearly 100 years after the Northwest Ordinance, the Virginia Compact, and the Duty of Tonnage Clause established that the Ohio River and other waterways were to be free, Congress expressly reaffirmed the Free Rivers Doctrine by enacting the Rivers and Harbors Appropriation Act of 1884.
WASHINGTON -- Wyoming has joined forty-eight other states and the District of Columbia in enacting legislation to save lives while teenagers are learning to drive, AAA said today.
Some legislators suggest that while enacting provisions may eliminate the impact of the most costly sections of the Federal legislation, such legislation runs counter to attempts to mirror the Federal depreciation and NOL computations as a way to minimize complexity and maintain a workable tax system.
She added that she was tired of enacting laws that couldn't be enforced.
1)(**) The legislature has sought to encourage new business investment and job growth in Oklahoma by enacting a number of targeted tax exemptions and credits.