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 grounding system is only as protective as its weakest link, which is why it is critical to ensure that all the necessary components of the grounding system are fully functional, including extension cords and cables.
The connector in the photo of the modern extension cord is marked 15A, 250V; 20A, 125 V.
A List of Extension Cords A List of Extension Cords Length Rating NSN 6150- (feet) (amperes) AWG Color 01-429-5481 * 25 15 12 Yellow 01-131-4882 50 15 12 Orange 00-233-4144 * 50 15 14 Orange 01-245-7809 100 13 14 Orange 01-290-1707 * 100 13 14 Blue 01-226-2057 100 15 12 Orange 01-146-6899 100 15 12 Yellow
"Never file or cut the plug blades or grounding pin of an extension cord or an appliance to plug it into an old outlet.
If you are repairing a cord that has been damaged elsewhere (not at either end) you can cut out the damaged section and add one male end to one portion, and one female end to the other half, creating two shorter extension cords.
Other violations included unsafe use of extension cords, burned out light bulbs, misplaced fire extinguishers, and sprinkler systems that hadn't been tested in years.
In addition, the extension cords that connect the substation to Battery Park City and the surrounding neighborhoods could only serve as a temporary solution.
Do you allow your Sailors to use extension cords, power strips, or any other electrical modification in berthing?
Be sure to use the proper gauge wiring in extension cords. Keep extension cords out of high traffic areas.
You have to connect appliances and circuits to generator power with extension cords or illegal wiring from the main electrical panel.
The new compound is recommended for such applications as snow blowers, lawn and garden tools, and extension cords. Teknor Apex notes that it is readily colored with vinyl-based concentrates at letdown ratios equivalent to those used for conventional flexible PVC.
Extrinsic factors, such as a slippery or wet surface, extension cords running across a floor, or protruding transition strips where hard and soft flooring meet, can all cause a person to fall and should obviously be minimized or eliminated.