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 ?
A EXTENSION cables aren't dangerous if you follow the maker's instructions.
is the leading developer and manufacturer of optical USB, DVI and FireWire extension cables and modules for digitally connecting peripherals to host devices.
Delivery and assembly of the definite up-and-down lights, candelabras, cable tensioners, fuse elements, extension cables, etc.
the leading provider of optical extension cables and modules as well as transceivers, nearly quadruples the size of its facilities in South Korea to increase its production output and advance its quality management process from one location.
2 degrees; 3 separate test voltages; usb interface with pc software; built-in thermal printer; built-in lcd screen; internal memory to store test results; operating voltage: 120vac, 60hz; test set capable of testing 1-phase and 3-phase transformers; 1 set of single-phase cables with extenders (minimal overall length of 40 feet); 1 set of three-phase cables with extenders (minimal overall length of 40 feet); carrying case; single and three cable sets; 25 foot "h" extension cables; 25 foot "x" extension cables "vanguard instruments" #atrt-03 s2.
Limited Tenders are invited for Thermocouple Extension Cables
By incorporating fiber optics and VCSEL technology into their extension cables and modules, Opticis virtually eliminates signal interference, enables a dramatic increase in the transmission quality, and significantly extends distance capabilities for digital displays and peripherals.
quantity of 200) Male to Female Extension Cables All hardware shall be provided by the vendor except for the NI-9235 120 ohm strain gage modules and the Omega PSE-5 5 Volt DC transducer excitation sources as stated in 6c(i) and 6f(i,ii,iii).
the leading provider of optical extension cables and modules demonstrates its new 165 MHz optical graphical extension cable for Digital Visual Interface (DVI) displays at InfoComm 2002.