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 ?
The continuity of reflection horizons suggests asymmetric geometry of the Mianyang-Changning intracratonic sag, with a steep boundary at the eastern margin, where the discontinuous reflections indicate that it probably accommodated some extensional faults to result in a dustpan-like geometry.
Causalidad extensional y racionalidad intensional son excluyentes.
rocks in the CV are characterized by the presence of many normal faults associated with the development of an extensional basin that controlled volcanic deposition of the La Premia Formation, which affected the Pre-Andean basement.
The k-ary functional symbols, for k [greater than or equal to] 1, in standard (extensional) FOL are considered as (k + 1)-ary predicate symbols p +1:the function f: [D.sup.k] [right arrow] D is considered as a relation obtained from its graph R={([d.sub.1], ..., [d.sub.k], f([d.sub.1], ..., [d.sub.k])) | [d.sub.i] [member of] D}, represented by a predicate symbol [p.sup.k+1].
And, extensional shear has to happen simultaneously with the simple shear occurring in the screw channel from the screw's rotation relative to the barrel.
System (A, =, [not equal to], x, [theta]) is ordered semigroup under anti-order if (A, =, [not equal to], x) is a semigroup where the semigroup operation is strongly extensional and relation [theta] is an anti-order relation on (A, =, [not equal to], x).
The problem with the extensional viscosity of paints and inks is that it is difficult to measure.
A interpretacao estructural de informacao sismica 3D, e sua integracao com dados de pocos perfurados na regiao central e sul (blocos "B" e "VIII") da Bacia de Maracaibo, permitiu estabelecer relacoes entre a deformacao extensional e contractira, a partir do reconhecimento de um conjunto de estructuras invertidas.
This analysis highlights the value of studying both shear and extensional viscosity.
Corn meal with alkali-treated bran had the highest extensional viscosity, although the unmodified corn bran also increased the extensional viscosity to a greater degree than that of the control.