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 ?
Or, more exactly, does the receiver of a message require its source to ground the message by activating an extensional orientation?
The second of Korzybski's extensional devices that can be applied to better help us find the right listening map for the listening territory and activity is the concept of dates which "are a special kind of index; they refer to time" (Johnson, 1946, p.
In our study, the bonding between the MWNT and the PEOc, and the structural reorganization of MWNT under the shear and extensional forces was investigated first.
And, extensional shear has to happen simultaneously with the simple shear occurring in the screw channel from the screw's rotation relative to the barrel.
A], [cross product]) be a semilattice with strongly extensional operation [cross product].
Historically, extensional viscosity measurements have been done on polymer melts and concentrated solutions with homemade instruments.
Extensional properties of polymers are also critical in co-extrusion processes--recent research by Zatloukal et al (2) using two identical polymers in a co-extrusion process has shown that interface instabilities can be generated by exceeding critical extensional rates, and that such instabilities can be predicted using rheometry and simulation.
4) The 1:2:4 formulation was not sprayable from a fan nozzle, similar to that observed (1,2,22) for latex coatings with high extensional viscosities.
The occurrence of an extensional detachment fault of possible basin-wide extent within the Windsor Group also has been suggested (the Ainslie Detachment of Lynch and Giles 1995).
This indicates that it may be practical to estimate viscosity from the pressure at the entrance of the die and other parameters as opposed to measuring extensional viscosity separately.
After examining the basin-forming mechanisms in extensional and compressional settings, the paper provides useful summaries of the models of sedimentation that are currently available in various plate tectonic settings, from local to continental scales.
A remarkable feature of the metamodeling methodology is the ability to define the relation of intentional and extensional entities within one level, allowing not only for the description of structural relations among the modeling entities, but also for a formal definition of structural constraints and dynamic semantics of the modeled entities.