total contract price
- The entire amount paid, or agreed to be paid, by the purchaser. The amount of a mortgage assumed by a purchaser of realty on an instalment sale must be excluded from the basis used for determining the proportion of the gain which is taxable in a given year. Burnet v S. & L. Bldg. Corp. 288 US 406, 77 L Ed 861, 53 S Ct 428.
Ballentine's law dictionary. Anderson, W.S.. 1998.
Look at other dictionaries:
contract price — Literally, the amount to be paid under a contract of sale, a contract to render services, or a construction contract. In a contract for the construction of a building, the words contract price were held to mean not the abstract price or amount… … Ballentine's law dictionary
contract — con·tract 1 / kän ˌtrakt/ n [Latin contractus from contrahere to draw together, enter into (a relationship or agreement), from com with, together + trahere to draw] 1: an agreement between two or more parties that creates in each party a duty to… … Law dictionary
Total return swap — Total return swap, or TRS (especially in Europe), or total rate of return swap, or TRORS, is a financial contract which transfers both the credit risk and market risk of an underlying asset. Contract definition Let us assume that one bank (bank… … Wikipedia
Total S.A. — Total S.A. Type Société Anonyme Traded as Euronext: FP, NYSE: … Wikipedia
Price discrimination — or price differentiation exists when sales of identical goods or services are transacted at different prices from the same provider. In a theoretical market with perfect information, perfect substitutes, and no transaction costs or… … Wikipedia
Contract awarding — is the method used during a procurement in order to evaluate the proposals (tender offers) taking part and award the relevant contract.  Usually at this stage the eligibility of the proposals has been concluded. So it remains to choose the… … Wikipedia
Contract for difference — In finance, a contract for difference (or CFD) is a contract between two parties, typically described as buyer and seller , stipulating that the buyer will pay to the seller the difference between the current value of an asset and its value at… … Wikipedia
Contract Law of Saudi Arabia — Contract Law of Saudi Arabia Legal System Hanbali School of Sharia Law, Sunni … Wikipedia
price — A fixed value of something. Prices are usually expressed in monetary terms. In a free market, prices are set as a result of the interaction of supply and demand in a market; when demand for a product increases and supply remains constant, the… … Financial and business terms
purchase price — See price; purchase money; total contract price … Ballentine's law dictionary