Business Income Actual Annual Value definition

Business Income Actual Annual Value means the sum of the net income and continuing normal operating expenses incurred, including payroll that would have been earned had the breakdown not occurred.
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Business Income Actual Annual Value means the “business income” for the current fiscal year that would have been earned had no Covered Cause of Loss occurred.
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Business Income Actual Annual Value means the “business income” for the current fiscal year that would have been earned had no
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Examples of Business Income Actual Annual Value in a sentence

  • In calculating the Business Income Actual Annual Value, MUSIC will take into account the actual experience of your business before the Accident and the probable experience you would have had without the Accident.

  • In calculating the Business Income Actual Annual Value, the Fund will take into account the actual experience of the Member’s business before the Accident and the probable experience the Member would have had without the Accident.

Related to Business Income Actual Annual Value

  • Business income means income arising from transactions and activity in the regular course of the taxpayer's trade or business and includes income from tangible and intangible property if the acquisition, management, and disposition of the property constitute integral parts of the taxpayer's regular trade or business operations.

  • Gross earnings means all monies earned by the Employee under the terms of this Collective Agreement.

  • Gross income means the same as it does for income tax purposes, even if the income is not actually taxable, such as interest on tax-free bonds. Examples include: compensation for services, income from business, gains from property dealings, interest, rents, dividends, pensions, IRA distributions, social security, distributive share of partnership gross income, and alimony, but not child support.

  • Total Revenue bears the same meaning assigned to this expression in the Codes of Good Practice on Black Economic Empowerment, issued in terms of section 9(1) of the Broad-Based Black Economic Empowerment Act and promulgated in the Government Gazette on 9 February 2007;

  • Total Revenues means revenues from all taxes and fees, excluding revenue from funds managed by local government on behalf of a specific third party, and does not include the proceeds from borrowing or asset sales.

  • Adjusted Revenue means revenue less Digital Platform Fulfilment Revenue.

  • total earnings means all of the dentist's gross earnings from the practice of dentistry by him in person, and "NHS earnings" means the dentist's gross earnings from the provision by him in person of general dental services under the National Health Service (Scotland) Act 1978, as amended, including where the dentist's name is included in sub-part A of the first part, or Part A prior to 2 July 2010, of two or more dental lists in Scotland, but neither his total earnings nor his NHS earnings shall be taken to include any remuneration by way of salary;