Examlex
The moist adiabatic rate (MAR) is less than the dry adiabatic rate (DAR) as a result of the release of the latent heat of condensation within the rising parcel of air.
Nontaxable Return
A financial return or distribution that is exempt from taxes, such as certain gifts or inheritances.
Fiscal Year-End
The end of a 12-month period used for accounting purposes and preparing financial statements, not necessarily aligning with the calendar year.
Quarterly Estimated Payments
Tax payments made each quarter by self-employed individuals and others who do not have taxes withheld from their income.
Estimated Payment
Periodic payments made towards expected tax liability before the due date to avoid penalties.
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