What CASUALTY means: The complete or partial destruction of property resulting from an identifiable event of a sudden, unexpected, or unusual nature.
- Definition Change In Accounting Method:
- Dictionary A change from one accounting method to another, which usually requires prior approval from the IRS. A change generally requires adjustments to avoid omissions or duplications casualty definition.
- Definition Commodity Futures:
- Dictionary Contracts to buy or sell a fixed amount of a commodity (wheat or soy beans, for example) for a fixed price at a future date casualty explain.
- Definition Cost Method Of Inventory Valuation:
- Dictionary Valuing inventory purchased during the year at cost; that is, the invoice price less any discounts plus transportation or other costs incurred in acquiring the merchandise casualty what is.
- Definition Convertible:
- Dictionary A bond or preferred stock that may, under specified conditions, be exchanged for common stock or another security, usually of the same corporation casualty meaning.
How works Casualty meaning in Tax definitions C .
