Trade Fixture

Business / Real Estate / Trade Fixture: An article of personal property annexed or affixed to leased premises by the tenant as a necessary part of the tenants trade or business. At the termination of a lease, a tenant must leave most fixtures in the premises, however, trade fixtures are removable by the tenant before expiration of the lease, and the tenant is responsible for any damages caused by their removal. However, a tenant cannot usually remove replacement fixtures, that is, improvements installed to replace worn-out ones. For instance, if a tenant installs a new bar to replace an old bar in a tavern the tenant leases, the tenant cannot remove the bar upon termination of the lease. If the tenant fails to remove trade fixtures within a reasonable time of lease expiration, the fixtures will be considered abandoned and will become the property of the landlord.

Other Words for Fixture

Fixture Adjective Synonyms: meet, meeting, event, match, occasion, occurrence
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Other Words for Trade

Trade Noun Synonyms: exchange, swap or swop, interchange, switch, barter, return
Trade Adjective Synonyms: commerce, business, traffic, exchange, barter, dealing(s), buying and selling, merchandising, marketing, mercantilism, truck
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Trade Acceptance

Business / Finance / Trade Acceptance: An oral (or electronic) transaction involving one party buying a security from another party. Once a trade is consummated, it is considered 'done' or final. Settlement occurs 1-5 business days later. MORE

Trade Act Of 1974

Business / Agriculture / Trade Act Of 1974: P.L. 93-618 provided the President with tariff and nontariff trade barrier negotiating authority for the Tokyo Round of multilateral trade negotiations. It also gave the President broad authority to c MORE

Trade

Entertainment / Fantasy Football / Trade: A transaction that involves the swapping of one or more players from one team to another. In some fantasy leagues, the commissioner approves or denies all trade requests. A voting process among owners MORE

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