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 ?
Full details of irrevocable undertakings are set out in Schedule 1 of this announcement.
Another key aspect of an irrevocable trust is that nearly everything about it is not part of public record.
A: Leo and Guada plainly said that it is 'our will that this Donation Mortis Causa shall be irrevocable and shall be respected by the surviving spouse.
As a result of this acquisition, Pamajugo Irrevocable Trust has crossed the threshold of 3.
Obviously, there must be good reasons to opt for the irrevocable variety.
The trust in this case was operated as an irrevocable family trust, with the taxpayer's mother acting as trustee.
Generally 21 or earlier death for transfers by irrevocable lifetime gift, transfers by irrevocable exercise of a power of appointment, or transfers authorized in a will or trust; however, age may be changed to any age from 18 through 25--but in the case of a transfer by irrevocable gift, the use of an amended age may be made subject to the minor's right to compel, during the six-month period beginning on the minor's 21st birthday, immediate distribution.
An irrevocable life insurance trust is designated as both beneficiary and "contingent" owner (e.
Typically, this access is precluded once the policy is put into an irrevocable trust.
Transfer from a trust that was irrevocable on Sept.
Through the act of marital consent, a man and a woman give to one another a new and irrevocable identity.
Caius Julius Caesar, a Roman general, crossed the ancient watery boundary between Cisaplin Gaul and Italy known as the River Rubicon, thus making immortal the phrase "to cross the Rubicon," meaning "to take a decisive and irrevocable step.

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