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Example: X owes Y $50,000. If Y discharges the indebtedness, then X no longer owes Y $50,000. For purposes of calculating income, this is treated the same way as if Y gave X $50,000. For a more detailed description of the "discharge of indebtedness", look at Section 108 (Cancellation-of-debt income) of the Internal Revenue Code. [15] [16]
Another is a legal term, referring to the indefinite postponing of a case, "until Elijah comes". Hindi - The common phrases are (1) सूरज पश्चिम से उगा है ("sun has risen from the west") and (2) बिन मौसम की बरसात ("when it rains when it's not the season to rain"). The second one is ...
A casual way for a man to address a woman he knows [278] killjoy Solemn person [251] kike. Main article: Kike. Derogatory label for Jewish people, specifically those who immigrated from Eastern Europe as opposed to older German immigrants from previous decades [279] kippy Neat or Nice [251] kiss 1. Land a blow or punch [280] 2. Drink from a ...
Image credits: Nichscott #7. I’m in a Zoom mediation. The mediator gave a long speech, saying that no one else was supposed to be on the call other than the parties.
Debt is an obligation that requires one party, the debtor, to pay money borrowed or otherwise withheld from another party, the creditor.Debt may be owed by a sovereign state or country, local government, company, or an individual.
The rate dropped to 6.69% from 6.81% last week, mortgage buyer Freddie Mac said Thursday. Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance their home ...
A bit similar to yours, I walked all the way to a nearby village, about 4 miles to meet a girl when I was about 16. I didn’t have money for the bus but didn’t tell her that. unbeknown to me I ...
Live to fight another day (This saying comes from an English proverbial rhyme, "He who fights and runs away, may live to fight another day") Loose lips sink ships; Look before you leap; Love is blind – The Two Gentlemen of Verona, Act II, Scene 1 (1591) Love of money is the root of all evil [15] Love makes the world go around