Extension


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Extension

Voluntary arrangements to restructure a firm's debt, under which the payment date is postponed.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

extension

An agreement to defer the time for doing an act or for termination of a lease.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.

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.
Copyright © 2008 H&R Block. All Rights Reserved. Reproduced with permission from H&R Block Glossary
References in periodicals archive ?
Step 2: Go to a suspected extension's Chrome Web Store page, copy its URL, then paste it on the box indicated on the CRX Viewer website.
The senior hair consultant at Hair Extensions of Houston uses the original Hair-Loc System to provide clients with natural hair extensions.
(2002) reported that planning and review, programme activities, use of resources, information, and training are the key linkage mechanisms to perform the diverse activities in agricultural extension work.
For agriculture extension, he challenged CAMP to propose a much more effective system.
Extension personnel serve the needs of a variety of audiences (Seevers et al., 1997).
A similar extension for Firefox was also found by the researcher, which is propagated by ad-rotators showing it as a 'manual update for Firefox' and tricking users into installing it.
Theresa Gaffney, an organic lowbush blueberry fanner in Maine, has worked with a number of extension specialists from the University of Maine to develop her farm, Highland Organics & Highland Blueberry Farm, including value-added products and her business plan.
Some of the ways of finding the difference between Non-Remy and Remy hair extensions are as follows:
There is a significant influence of extension services on farming community to gain information for sustainable agricultural practices (11).
First UC Extension specialist, a poultryman, hired with goal to double egg production from 80 eggs per hen per year average
REF: M/FP/1126/13/P Address: 4 Gresham Raod, Middlesbrough Proposal: Single-storey extension at rear.
Agricultural extension is a dynamic concept; hence it is too difficult to give a specific definition of agricultural extension which is universally acceptable.