What OPERATOR means: One who holds the working or operating rights in a gas or oil activity and is obligated for the costs of development and production.
- Definition Option:
- Dictionary or sell property on or before a specified date at an established price. The sale or exchange of an option to buy or sell property results in capital gain or loss if the property is a capital asset operator definition.
- Definition Owner-Employee:
- Dictionary A sole proprietor (self-employed individual) or a partner who owns a more- than-10% capital or profits interest in the partnership operator explain.
- Definition Ordinary:
- Dictionary in the general industry or type of activity in which the taxpayer is engaged. It is one of the tests for the deductibility of expenses incurred or paid in connection with a trade or business; for operator what is.
- Definition Ordinary Income Or Loss:
- Dictionary Income or loss that is not capital gain or loss operator meaning.
How works Operator meaning in Tax definitions O .
