Examlex
If boot is received in a § 1031 like-kind exchange that results in some of the realized gain being recognized, the holding period for both the like-kind property and the boot received begins on the date of the exchange.
Holding Office
The term refers to the duration or period in which an individual serves in a particular position or office.
Landed Gentry
Refers to the class of wealthy landowners in Britain who held significant social status but did not possess titles of nobility.
Republicanism
A political ideology centered around the concept of a republic, where the government is a public matter and the public matters are decided by elected representatives of the population.
Public Life
The aspect of life concerned with public affairs, government, and the communal interests of society, as opposed to private or personal life.
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