Examlex
The root of the tongue and the epiglottis develop from the copula. The arch of origin is the fourth pharyngeal.
Recognize
In tax terminology, to report and include a transaction in taxable income for the period it was realized, regardless of whether or not payment was received.
Gain
An increase in the value of an investment or asset.
Donor's Adjusted Basis
The value used for tax purposes to determine the gain or loss when property is given as a gift, generally the cost basis of the donor at the time of the gift.
Fair Market Value
The price that property would sell for on the open market, between a willing buyer and a willing seller each having reasonable knowledge of all pertinent facts.
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