U.S. Code > Title 12 > Chapter 52 > Subchapter III – Tax Provisions
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| § 5261 | Gain or loss from sale or exchange of certain preferred stock |
Terms Used In U.S. Code > Title 12 > Chapter 52 > Subchapter III - Tax Provisions
- Arctic: means all United States and foreign territory north of the Arctic Circle and all United States territory north and west of the boundary formed by the Porcupine, Yukon, and Kuskokwim Rivers. See 15 USC 4111
- Ex officio: Literally, by virtue of one's office.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
- Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.