A tax term referring to gross taxable income (e.g. wages and capital gains) minus allowable deductions (alimony, unreimbursed work expenses) which results in the AGI, the adjusted amount of income used to determine tax liability. … [Read more...] about ADJUSTED GROSS INCOME (AGI)
A
AD TERMINUM QUI PRETERIT
For a term which has passed. Words in the Latin form of the writ of entry employed at common law to recover, on behalf of a landlord, possession of premises, from a tenant holding over after the expiration of the term for which they were demised. See Fitzb, Nat. Brev. 201. Ad tristem partem strenua est ras pioio. Suspicion lies heavy on the unfortunate side. … [Read more...] about AD TERMINUM QUI PRETERIT
ADDENDUM
Something appended, added, typically a clause or section added to the end of a document. … [Read more...] about ADDENDUM
ADEMPTION
(A) wills. A taking away or revocation of a legacy, by the testator. 2. It is either express or implied. It is the former when revoked in express terms by a codicil or later will; it is implied when by the acts of the testator it is manifestly his intention to revoke it; for example, when a specific legacy of, a chattel is made, and afterwards the testator sells it; or if a … [Read more...] about ADEMPTION
AD TUNC ET IBIDEM
In pleading. The Latin name of that clause of an indictment containing the statement of the subject matter "then and there being found." … [Read more...] about AD TUNC ET IBIDEM
