contribution


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Contribution

Money placed in an individual retirement account (IRA), an employer-sponsored retirement plan, or other retirement plan for a particular tax year. Contributions may be deductible or nondeductible, depending on the type of account.

Contribution

Money placed into an annuity or retirement account. Most of the time, contributions are small and are made on a regular basis, especially monthly. Occasionally, however, one may make a large, one-time contribution to purchase the annuity or retirement account. Contributions are combined and invested and, along with any earnings, are eventually repaid to the annuitant or account holder in monthly installments.
Contributionclick for a larger image
Fig. 26 Contribution. Output and sales of chairs.

contribution

the difference between SALES REVENUE and VARIABLE COSTS. If total contributions are just large enough to cover FIXED COSTS then the producer BREAKS EVEN; if contributions are less than fixed costs the producer makes a LOSS; while if contributions exceed fixed costs then the producer makes a PROFIT. Fig. 26 shows how contributions provide a fund out of which total fixed costs must be paid before any profit is made. See MARGINAL COSTING.

contribution

the difference between a product's SALES REVENUE and its VARIABLE COSTS. If total contributions are just large enough to cover FIXED COSTS then the producer BREAKS EVEN; if contributions are less than fixed costs, the producer makes a LOSS; while if contributions exceed fixed costs then the producer makes a PROFIT. See LOSS MINIMIZATION, MARGINAL COST PRICING.

contribution

(1) An appraisal principle that says the value of an improvement is the amount it adds to the value of the property as a whole,not the value of the improvement standing alone in a void. A backyard workshop in a prestigious neighborhood might not add any value at all and could be considered an eyesore detracting from value, but might be worth $10,000 in a different neighborhood.(2) A legal principle holding that if a judgment is collected against one who was held guilty of negligence,assault,defamation,fraud,or some other tort,then that person may obtain a contribution from others against whom the same judgment was rendered, for their proportionate share of the judgment.Likewise,persons jointly liable for a debt,such as partners or cotenants,are responsible to pay their share to the other if one pays the entire amount.

References in periodicals archive ?
Do you have employees who would start contributing or increase their contributions to the plan if they had immediate access to their investment?
Convenient payroll deduction of employee contributions, together with income tax deferral on employer contributions and tax deferred growth of both employee and employer contributions made these plans an attractive way to save money.
Employees may elect to designate a portion or all of their elective contributions as Roth contributions.
Are there different kinds of contributions that employees pay?
Automatic-enrollment contribution percentages: To avoid the tests, the PPA '06 requires that the automatic contributions, stated as a percent of an employee's compensation, fall within a specified range.
Filing prior to contribution. As per IRC section 219(f)(3), the deadline for IRA contributions is the due date of the return (not including extensions).
404(a)(7) deduction limitation--which limited deductions to 25 percent of eligible plan compensation when an employer sponsors both a defined contribution (DC) and defined benefit (DB) plan--will be determined without regard to DB plans that are covered by the Pension Benefit Guaranty Corporation.
To initiate the closing process, the easement donor sends the notarized conservation easement deed with a tax-deductible charitable cash contribution to Preservation Easement Trust.
By the end of January, the Democratic presidential hopefuls had raised approximately $25 million more in campaign funding than they would have received in prior elections as a result of the higher contribution limit.
Ibn Sina is generally known as one of the most important philosophers and physicians, one whose contributions to science and philosophy have attracted numerous studies.
Transfer Price = Variable costs per unit + Lost contribution margin per unit
2000 NAA PAC Contributions COMPANY NAME TOTAL Alliance Investment and Management 1 Contribution $100 Allied Realty Services Brockman, Lauren $550 Allied Realty Services 1 Contribution $50 American Residential Group 1 Contribution $50 AmRent, Inc.

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