Common enterprise definition

Common enterprise in this definition means an enterprise in which the fortunes of the investor are tied to the efficacy of the efforts and successes of those seeking the investment or of a third party.

Common enterprise shall have the same meaning given to it in Part 32 of Title 12 of the Code of Federal Regulations, including amendments of those regulations.

Common enterprise means an undertaking of two or more persons with an equal right to direct and benefit from the undertaking and where the negligence of any of the persons may be imputed to the others;

Examples of Common enterprise in a sentence

• Common enterprise requirements documentation, architecture development, materiel development, test and evaluation, life-cycle management, prototyping, exercises, records management, demonstrations, and evaluations.

• Common enterprise means (1) The expected source of repayment for each loan or extension of credit is the same for each borrower and no individual borrower has another source of income from which the loan (together with the borrower’s other obligations) may be fully repaid.

• The proceeds of a loan to a borrower will be deemed to be used for the direct benefit of another person and will be attributed to the other person when the proceeds, or assets purchased with the proceeds, are transferred to another person, other than in a bona fide arm’s length transaction where the proceeds are used to acquire property, goods or services.(3) Common enterprise.

• Common enterprise means:(1) The expected source of repayment for each loan or extension of credit is the same for each borrower and no in- dividual borrower has another source of income from which the loan (to- gether with the borrower’s other obli- gations) may be fully repaid.

• Common enterprise groups (CEGs) are to be formed initially for five to six activities—vermicomposting, oil extraction, bamboo products, etc.

More Definitions of Common enterprise

Common enterprise means an enterprise in which the fortunes of the investor are interwoven with those of either the person offering the investment, a third party, or one or more investors. This definition is met if (a) the investor joins with the promoter or some third party to accomplish a common goal, such as earning a profit for the investor, whether the promoter or third party shares in the profits or is merely paid a commission or fee for his or her services, or (b) 2 or more investors join together in a common goal of making a profit.

Common enterprise means two or more persons representing a single risk arising from the

Common enterprise means the expected source of repayment for each loan or extension of credit is the same for each borrower, and no individual borrower has another source of income from which the loan, together with the borrower’s other obligations, may be fully repaid. An employer will not be treated as a source of repayment because of wages and salaries paid to an employee unless one of the following is met:

Common enterprise means the expected source of repayment for each loan or extension of

Common enterprise means an enterprise in which the fortunes of the investor are interwoven with those of either the

Common enterprise means two or more persons representing a single risk arising from the direct or indirect control of one of those persons over the others; and

Common enterprise means an enterprise in which the fortunes of the investor are