determinable fee

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determinable fee

See future interest and fee simple determinable.

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possibility of reverter

References in periodicals archive ?

In addition, charges associated with the contract need to have fixed or determinable fees. SOP 972 guidance also addresses revenue allocation using VSOE (vendor specific objective evidence)--price books that break out component pricing when sold separately, or prices set by management with "appropriate authority." If there isn't any existing VSOE for a contract, SOP 972 requires that the entire contract be deferred.

Bolstering cash flow with strategic revenue management: how integrated revenue management processes ensure timely revenue capture for today's high-tech firms

Fixed and determinable fees. One requirement for revenue recognition is that the fee is fixed and determinable.

Current SEC developments: guidance for traversing rough water

In addition, charges associated with the contract needed to have fixed or determinable fees.