COMMERCE | LII / Legal Information Institute

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view-taxonomy-term-revised view-id-taxonomy_term_revised view-display-id-page_1 view-dom-id-7e730ed0635abb339534da284ef4d084"> <div class="view-content"> <div class="views-row views-row-1 views-row-odd views-row-first"> <span class="views-field views-field-title"> <h2 class="field-content"><a href="/wex/1031_exchange">1031 exchange</a></h2> </span> <div class="views-field views-field-body"> <span class="field-content"><p dir="ltr">1031 exchange (also called a tax-deferred exchange or a Starker exchange) refers to the ability of investors and organizations to replace one investment for a similar one instead of keeping the proceeds. For certain transactions, the exchange...</span> </div> </div> <div class="views-row views-row-2 views-row-even"> <span class="views-field views-field-title"> <h2 class="field-content"><a href="/wex/30-day_notice">30-day notice</a></h2> </span> <div class="views-field views-field-body"> <span class="field-content"><p dir="ltr">A 30-day notice is a written letter from tenant to landlord or landlord to tenant informing the other party of their intent to terminate or change a month-to-month or other periodic tenancy of less than one year. The 30-day notice requirement...</span> </div> </div> <div class="views-row views-row-3 views-row-odd"> <span class="views-field views-field-title"> <h2 class="field-content"><a href="/wex/341_meeting">341 meeting</a></h2> </span> <div class="views-field views-field-body"> <span class="field-content"><p dir="ltr">A 341 meeting is a mandatory meeting held at the beginning of a bankruptcy proceeding. Also referred to as the creditors meeting, its name comes from section 341 of the Bankruptcy Code. The purpose of a 341 meeting is to examine the debtor’s...</span> </div> </div> <div class="views-row views-row-4 views-row-even"> <span class="views-field views-field-title"> <h2 class="field-content"><a href="/wex/a/r">A/R</a></h2> </span> <div class="views-field views-field-body"> <span class="field-content"><p dir="ltr">A/R is the abbreviation for accounts receivable.</p> <p>[Last reviewed in June of 2022 by the Wex Definitions Team]</p></span> </div> </div> <div class="views-row views-row-5 views-row-odd"> <span class="views-field views-field-title"> <h2 class="field-content"><a href="/wex/ab_initio">ab initio</a></h2> </span> <div class="views-field views-field-body"> <span class="field-content"><p dir="ltr">Ab initio is a Latin term that means "from the beginning” or “from inception.” Ab initio is used to indicate that some fact existed from the start of a relevant time period. It is often used as part of the phrase “void ab initio,” meaning...</span> </div> </div> <div class="views-row views-row-6 views-row-even"> <span class="views-field views-field-title"> <h2 class="field-content"><a href="/wex/abandoned_application">abandoned application</a></h2> </span> <div class="views-field views-field-body"> <span class="field-content"><p dir="ltr">An “abandoned application” refers to the abandonment of a patent or trademark application. An application is removed from the docket of pending applications at the U.S. Patent and Trademark Office when the applicant (either directly or...</span> </div> </div> <div class="views-row views-row-7 views-row-odd"> <span class="views-field views-field-title"> <h2 class="field-content"><a href="/wex/abandoned_property">abandoned property</a></h2> </span> <div class="views-field views-field-body"> <span class="field-content"><p dir="ltr">Abandoned property is personal property that was left by an owner who intentionally relinquishes all rights to its control. Real property may not be abandoned (see also adverse possession).</p> Overview <p dir="ltr">At common law, a person...</span> </div> </div> <div class="views-row views-row-8 views-row-even"> <span class="views-field views-field-title"> <h2 class="field-content"><a href="/wex/abandonment_%28of_trademark%29">abandonment (of trademark)</a></h2> </span> <div class="views-field views-field-body"> <span class="field-content"><p dir="ltr">Abandonment of a trademark occurs when the owner of the trademark deliberately ceases to use the trademark for three or more years, with no intention of using the trademark again in the future. When a trademark is abandoned, the trademark...</span> </div> </div> <div class="views-row views-row-9 views-row-odd"> <span class="views-field views-field-title"> <h2 class="field-content"><a href="/wex/abate">abate</a></h2> </span> <div class="views-field views-field-body"> <span class="field-content"><p dir="ltr">To abate means to eliminate or to nullify. </p> <p dir="ltr">This verb usually arises in the context of abatement.</p> <p dir="ltr">[Last reviewed in October of 2024 by the Wex Definitions Team]</p></span> </div> </div> <div class="views-row views-row-10 views-row-even views-row-last"> <span class="views-field views-field-title"> <h2 class="field-content"><a href="/wex/abatement">abatement</a></h2> </span> <div class="views-field views-field-body"> <span class="field-content"><p dir="ltr">Abatement is the act of reducing or nullifying something. Multiple subjects throughout law are subject to abatement and the term appears in many locations.</p> <p dir="ltr">In property law, abatement refers to a reduction in property taxes a...</span> </div> </div> </div> <h2 class="element-invisible">Pages</h2><div class="item-list"><ul class="pager"><li class="pager-current first">1</li> <li class="pager-item"><a title="Go to page 2" href="/wex/category/commerce?page=1">2</a></li> <li class="pager-item"><a title="Go to page 3" href="/wex/category/commerce?page=2">3</a></li> <li class="pager-item"><a title="Go to page 4" href="/wex/category/commerce?page=3">4</a></li> <li class="pager-item"><a title="Go to page 5" href="/wex/category/commerce?page=4">5</a></li> <li class="pager-item"><a title="Go to page 6" href="/wex/category/commerce?page=5">6</a></li> <li class="pager-item"><a title="Go to page 7" href="/wex/category/commerce?page=6">7</a></li> <li class="pager-item"><a title="Go to page 8" href="/wex/category/commerce?page=7">8</a></li> <li class="pager-item"><a title="Go to page 9" href="/wex/category/commerce?page=8">9</a></li> <li class="pager-ellipsis">…</li> <li class="pager-next"><a title="Go to next page" href="/wex/category/commerce?page=1">next ›</a></li> <li class="pager-last last"><a title="Go to last page" href="/wex/category/commerce?page=177">last »</a></li> </ul></div> </div> </div> <div id ="page-bottom"> <div class="region region-bottom"> <div id="block-liidfp-2" class="block block-liidfp first last odd"> <div class="gfs"><div id='div-gpt-ad-bottom'> <script type='text/javascript'>  </script> </div></div> </div> </div> </div> </div> </div> </div> <aside id="sidebar-second" class="col-sm-4"> <section class="region region-sidebar-second column sidebar"> <div id="block-block-50" class="block block-block first odd"> <h2 class="title toolbox">Wex Toolbox</h2><div class="collectiontools"></div>  <div class="social"> <div class="socSep"><hr /></div>    <div class="socSep"> <hr /> </div>  <div class="addthis_sharing_toolbox"></div> <div class="socSep"> <hr /> </div>  <script type="text/javascript"> var addthis_config = { data_track_addressbar: false, data_track_clickback: true, publid: 'liiadverts', ui_tabindex: 0, ui_508_compliant: true }; 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