Examlex
A liquidating distribution is treated as a sale or exchange of a partnership interest.
Running Order
A sequence or schedule of tasks, performances, or events arranged in the order they are to take place or be executed.
Patent Rights
Legal rights granted by a government to an inventor, giving the inventor exclusive rights to use, sell, or license an invention for a certain period of time in exchange for public disclosure of the invention.
Personal Property
Any non-real estate property, which can include movable objects, vehicles, furniture, and intellectual properties.
Inter Vivos
A legal term used to describe an action or a gift that takes place or is given during the lifetime of the giver.
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