irrevocable


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Related to irrevocable: Irrevocable letter of credit

irrevocable

Not capable of being revoked. An offer to sell at a certain price can be revoked at any time before acceptance. An irrevocable offer to sell cannot be revoked, but it should always have an expiration date.

References in periodicals archive ?
Garantsiya to perform the contract in the amount of 3% of the contract value transferred to the account of the TA of the Institute - Shumen Shumen UBB branch, IBAN BG80UBBS80023106046100, code UBBSBGSF, or irrevocable bank guarantee (in original) for saotvetnata amount.
Details of the irrevocable undertakings received are as
Permanent Digital Safe Deposit Box Services Ensured by Independent Irrevocable Trust
The phrase means an irrevocable decision has been made.
Precisely two millennia later, on Wednesday, the thirteenth of October in the Crhistian year 1951, my Jewish parents took a decisive and irrevocable step in a room of the Quality Courts Motel outside Corning, New York.
Under the Amended Plan, the employee's "after-tax" election is irrevocable once the plan year begins and must be made before the beginning of the plan year in which the election becomes effective.
If she did not say "yes" to his total self-giving--and her "yes" requires nothing less than a total "yes;" or if he did not say "yes" to her total self-giving, which also requires nothing less than a total and irrevocable "yes," then they are not married.
An IDIT is an irrevocable trust; it takes advantage of a disparity between the income and estate tax treatments offered certain trusts under IRC sections 674 and 675.
The ALI-ABA (Philadelphia, PA) has published A Practical Guide to Drafting Irrevocable Life Insurance Trusts, a 400-page hardbound book that offers guidance on lowering clients' estate taxes using a trust to move life insurance benefits.
Also, the IRA Conversion Plan provides a program to increase the after-tax size of an inheritance by using distributions for the purchase of life insurance inside an irrevocable trust; a Spousal Lifetime Support provides for needs of a surviving spouse through second-to-die insurance; a Flexible Irrevocable Trust covers estate-tax liquidity needs; and a Standby Trust addresses the uncertainties of the estate-tax phaseout by allowing an insured couple to put off placing a survivorship policy into an irrevocable life insurance trust until after the first spouse's death.
The Eighth Circuit concluded that the transfer to the grandchildren was exempt from GSTT under TRA '86 Section 1433(b)(2)(A), because the transfer was "under a trust" irrevocable on Sept.
Create an irrevocable life insurance trust to assume ownership of the insurance policy.

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