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 ?
.coop - a restricted-use domain extension for cooperatives;
These domain extensions are serving the Qatari market well and in turn the market seems to be adapting quite naturally to the use of these TLDs in general.
Mark Luker, an Educause vice-president, said the information technology association has been in discussions with Commerce department officials for the past two years in an effort to become the administrator of the .edu domain extension. Educause supports the community colleges' push to have .edu extensions, according to Luker.
Dubai, United Kingdom, June 18, 2014 --(PR.com)-- .Website will become the first all-purpose domain extension available for registration when it launches into Sunrise on June 24, 2014.
Created exclusively for the hosting industry, .host aims to be the preferred domain extension for web hosts, ASPs, ISVs, cloud service providers, data centers and other entities within the web hosting space.
Once active, .host aims to be the preferred domain extension for web hosts, ASPs, ISVs, cloud service providers, data centers and other entities within the web hosting industry.
.NET domain extension is the third most popular top-level domain in the world as in 2011 and it is open for registrations to any individuals or businesses of various types and sizes.
For 15 years, dotFM & dotAM have provided the 'On-Air and Online' Industry a professional, reliable, secure and stable 'Industry Specific' domain extension, while at the same time encouraging innovation, openness and creativity in the unparalleled multimedia namespace.
The .AUTO domain extension will act as an alternative option to .COM or .NET, designed specifically to provide a commerce environment and information exchange network for the automotive industry.
.Asia is a domain extension sponsored by the DotAsia Organisation.
Its portfolio of leading online properties includes: dotFM[R] & dotAM[R], spotlighting Domain Innovation and Brand Registry Services for media based .FM and .AM domains; dotRadio[TM] extensions .RADIO.am & .RADIO.fm, Radio's only truly Open & Innovative Domain Extensions and @RADIO.am & @RADIO.fm, Premium Web-based Email Services.
Throughout 2017, the CRA registered 3,272 new domains (up nearly 10%from 2,981 in 2016), which indicates that Qatari domain extensions "areserving the Qatari market and community well".