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 ?
I have only covered the three types of nail extensions that I normally use, but new ones are being developed all the time.
During her time at Ryton, Jane took part in Peugeot's Assisted Development Programme, doing courses in manicure and nail extensions and computers.
But for non-stop nibblers, like myself, nail extensions are a quick and easy way of breaking the cycle of chewing.
The business offers nail extensions, nail art and manicures - all at a competitive price.
Ryan Clarkson Great Yarmouth, Norfolk EVERY parent in the land will have been appalled to read about Beki Wilkinson, who allows her three-year-old daughter Tia to have spray-tans and nail extensions.
Students, under appropriate supervision, can learn everything from a sports massage to health checks, nail extensions to hair colouring in professional surroundings.
A full set of nail extensions by Tricia Blunt (with nail art optional), worth pounds 55;
But help is quite literally at hand, with a set of nail extensions in under an hour.
Add the fake hair and nail extensions and a Crimewatch-style profile builds up.
There were hundreds to choose from but in the end we whittled it down to two because I had to dash off for an important luncheon date with Penelope, who's having dire problems with her nail extensions.
The Gallery has successfully traded for many years as a hairdressing salon and utilising Sally's connections within the beauty trade she has already introduced gel nail extensions, eyebrow/eyelash tinting and shaping and will shortly be adding waxing, spray tanning, manicures, pedicures and other beauty treatments to the menu of services.
A full set of nail extensions will set you back pounds 40, while a work of art costs pounds 5 per nail when coupled with another treatment.