Business / Real Estate / Exchange Period: The period during which the exchanger must acquire replacement property in the exchange. The exchange period starts on the date the exchanger transfers the first relinquished property and ends on the earlier of the 180th day thereafter or the due date (including extensions) of the exchangers tax return for the year of the transfer of the relinquished property.
Exchange Adjective Synonyms: trade, barter, switch, change, interchange, reciprocate, return, swap or swop
Exchange Verb Synonyms: market, stock market, Stock Exchange, securities exchange, the Market, the Board, the Big Board, the Exchange, the Bourse, Wall Street, the Street
Period Noun Synonyms: interval, time, term, span, duration, spell, space, stretch, while, patch
Business / Accounting / Periodic Inventory Method: A system of accounting for inventory in which cost of goods sold is determined and inventory is adjusted at the end of the accounting period, not when merchandise is purchased or sold. MORE
Business / Accounting / Periodic Inventory: A Periodic Inventory is one whose balance is updated on a periodic basis, ie. every week/month/year. See Inventory . MORE