average profits


average profits
Net profits over a reasonable period of time dating back from time of injury to business. 22 Am J2d Damg § 329.

Ballentine's law dictionary. . 1998.

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  • average — 1 adjective 1 (only before noun) the average amount is the amount you get when you add together several quantities and divide this by the total number of quantities: Average earnings in the state are about $1500 a month. | What s the average… …   Longman dictionary of contemporary English

  • average — /ˈævrɪdʒ/ (say avrij), /ˈævərɪdʒ / (say avuhrij) noun 1. an arithmetical mean. 2. a quantity intermediate to a set of quantities. 3. the ordinary, normal, or typical amount, rate, quality, kind, etc.; the common run. 4. Commerce a. a small charge …   Australian English dictionary

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  • excess-profits tax — noun : a tax imposed especially during war on business profits that are in excess of the average profits over a specified base period, of a specified rate of return on invested capital, or of a specified rate of return on certain military… …   Useful english dictionary

  • excess-profits tax — /ek ses prof its/ a tax on the profits of a business enterprise in excess of the average profits for a number of base years, or of a specified rate of return on capital. [1910 15] * * * ▪ finance       a tax levied on profits in excess of a… …   Universalium

  • excess profits tax — tax on the profits of a business enterprise in excess of the average profits for a number of base years, ept (Finance) …   English contemporary dictionary

  • Excess profits tax — An excess profits tax is a tax on any profit above a certain amount. A predominantly wartime fiscal instrument, the tax was designed primarily to capture wartime profits that exceeded normal peacetime profits.Fact|date=January 2007 In 1863 the… …   Wikipedia

  • excess profits tax — Tax levied on profits which are beyond the normal profits of a business and generally imposed in times of national emergency such as war to discourage profiteering. The Internal Revenue Code also imposes a tax on corporations who accumulate an… …   Black's law dictionary

  • excess profits tax — Tax levied on profits which are beyond the normal profits of a business and generally imposed in times of national emergency such as war to discourage profiteering. The Internal Revenue Code also imposes a tax on corporations who accumulate an… …   Black's law dictionary

  • Return on Average Capital Employed - ROACE — A financial ratio that shows profitability compared to investments made in new capital. Return on average capital employed is calculated as: EBIT Average Total Assets Average Current Liabilities Total Assets Current Liabilities = Capital Employed …   Investment dictionary