What ROYALTY INTEREST means: An interest in the oil and gas in place that entitles the holder to a specified fraction, in kind or in value, of the total production from the property, free of any expense of development and operation.
- Definition Recovery Property:
- Dictionary Recovery property is a term used to describe property that is eligible to be depreciated under either ACRS or MACRS. See ACRS and MACRS royalty interest definition.
- Definition Repairs:
- Dictionary expenditures to keep business-use property in good operating condition that do not significantly add to the value of the property or extend its useful life. Also se "Capital Improvement." royalty interest explain.
- Definition Regulated Investment Company (Mutual Fund):
- Dictionary that uses its capital to invest in other companies. The two principal types are closed-end and open-end mutual funds. Shares in closed-end mutual funds, some of which are listed on stock exchanges royalty interest what is.
- Definition Reinvested Dividends:
- Dictionary Earnings that the shareholder has accepted as additional shares of stock rather than as cash. They are taxable in the year constructively received royalty interest meaning.
How works Royalty Interest meaning in Tax definitions R .
