sale and exchange

See power of sale and exchange.

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

  • powers of sale and exchange — Literally, inclusive of any power conferred upon another to effect either a sale or exchange of property. In the English law, the term has a definite meaning and implies that the proceeds of the sale are to be reinvested in another estate of the… …   Ballentine's law dictionary

  • sale or exchange — n. A phrase used in tax to describe a sale or transfer of property that yields a taxable gain or loss. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008. sale or exchange …   Law dictionary

  • sale or exchange — A transfer of property from one man to another in consideration of some price or recompense in value. 2 Bl Comm 446. A mortgagor s conveyance of the realty to the mortgagee in consideration of a cash payment and cancellation of the mortgage and… …   Ballentine's law dictionary

  • sale or exchange of capital asset — A method of realizing gain or loss for tax purposes, involving a complete, bona fide, and permanent transfer of an ownership interest, in other words, a transfer of economic reality. Gregory v Helvering, 293 US 465, 79 L Ed 596, 55 S Ct 266, 97… …   Ballentine's law dictionary

  • international payment and exchange — ▪ economics Introduction international exchange also called  foreign exchange        respectively, any payment made by one country to another and the market in which national currencies are bought and sold by those who require them for such… …   Universalium

  • Securities and Exchange Commission v. W. J. Howey Co. — SCOTUSCase Litigants=Securities and Exchange Commission v. W. J. Howey Co. ArgueDate=May 2 ArgueYear=1946 DecideDate=May 27 DecideYear=1946 FullName=Securities and Exchange Commission v. W. J. Howey Co. et al. USVol=328 USPage=293 Citation=66… …   Wikipedia

  • U.S. Securities and Exchange Commission — Infobox Government agency agency name = U.S. Securities and Exchange Commission nativename = SEC seal width = 140px seal caption = formed = June 6, 1934 jurisdiction = Federal government of the United States headquarters = Washington, D.C.… …   Wikipedia

  • Securities and Exchange Commission — n. A federal agency that oversees the sale and issuing of corporate stocks and bonds and corporate takeovers. abbrv. SEC The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008. Securities and… …   Law dictionary

  • Securities and Exchange Commission — SEC, American board that regulates the sale and public offering of securities …   English contemporary dictionary

  • Securities and Exchange Commission — Securities and Ex|change Com|mis|sion, the the SEC a US government organization which makes sure that people and companies obey the laws about the sale of ↑stocks and ↑bonds …   Dictionary of contemporary English

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