Skip to main content

business organizations

accelerated depreciation

Depreciation is the reduced value of something over time. Accelerated depreciation is any loss of value where the business depreciates (i.e., accounts for the value loss of a fixed asset in tax filings) at a greater proportion of an asset’s expected lifetime value loss earlier in its life. 

accredited investor

Under federal law, an accredited investor is a special kind of investor that due to certain special circumstances or qualities—as the ones indicated in Rule 501 of Regulation D—is allowed to purchase or be offered to purchase unregistered securities.

alter ego

Alter ego is a legal doctrine whereby the court finds that a corporation lacks a separate identity from an individual or corporate shareholder. The court applies this rule to ignore the corporate status of a group of stockholders, officers, and directors of a corporation with respect to their limited liability.

annulment

An annulment is a legal procedure that voids a marriage and declares it null from its inception. Unlike divorce, the effect of declaring a marriage void is retroactive, meaning that the marriage was void at the time it was entered into. It applies when an impediment to a legal marriage existed at the beginning of the marriage.

Subscribe to business organizations