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 ?
The default table name will be the same as the original file name (Orders).
In WordPerfect for DOS, select File, Text In, Spreadsheet and Import, and then select and enter the spreadsheet file's path and file name.
Only the first letter of the file name has been removed.
Finally, in File Name Print mode, the name of the photo file (up to 24 characters) can be printed directly on the photograph or in instances of Layout (N-up) printing with different images can position the file name under the image as one would a caption.
Some of the file names being reported to entice the user to open the virus program include README.
For example, pcANYWHERE will support long file names for those users running Windows95 at the office, but will scale back to traditional file names on those portables and/or home PCs that may not have upgraded immediately to Windows95.
Here's how easy it is with real file names and drive letters:
Although it costs $29 (View, 1-800-LFN-VIEW), it's worth it because it gives you long file names in virtually all 3.
13 /PRNewswire/ -- ReferencePoint Software Corporation today announced ReferencePoint Personal Assistant(TM), a revolutionary new productivity tool that allows Microsoft Windows(TM) users to instantly find files, documents and information on their local or network drives, without the need to remember file names.
As with all other SK&A databases, Provider HealthNet file names are telephone verified twice a year to maximize record integrity, and files are updated monthly with new or revised listings.
A document manager that helps users to create, store, organize, track, and search for documents and files, GoldenRETRIEVER breaks the tyranny of cryptic 8-character MS/PC-DOS file names with user-friendly file names up to 256 characters long, complete with full punctuation -- file names that finally make sense.
Like SK&A's other databases, the file names are telephone verified twice a year to maximize record integrity.