holding period. Tax. The time during which a capital asset must be held to determine whether gain or loss from its sale or exchange is long-term or short-term. [Cases: Internal Revenue 3260; Taxation 995–996. C.J.S. Internal Revenue § 127; Taxation §§ 1726, 1732–1733.]
持有期（保留期） 英语：holding period (retention period) 法语：durée de conservation 德语：Aufbewahrungsdauer 意大利语：periodo di custodia, di conservazione 西班牙语：periodo de conservación
preemptive right. A shareholder’s privilege to purchase newly issued stock — before the shares are offered to the public — in an amount proportionate to the shareholder’s current holdings in order to prevent dilution of the shareholder’s ownership interest. • This right must be exercised within a fixed period, usu. 30 to 60 days. —
republic, n. A system of government in which the people hold sovereign power and elect representatives who exercise that power. • It contrasts on the one hand with a pure democracy, in which the people or community as an organized whole wield the sovereign power of government, and on the other with the rule of
all-or-nothing rule. A gloss on the rule against perpetuities holding that a class gift is invalid in its entirety if it is invalid in part. • The effect is to invalidate a class member’s interest even if it vests within the period of the rule because it may be subject to partial divestment by the
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declaration of estimated tax. A required IRS filing by certain individuals and businesses of current estimated tax owed, accompanied by periodic payments of that amount. • The requirement ensures current collection of taxes from taxpayers (such as self-employed persons) whose incomes are not fully taxed by payroll withholding. IRC (26 USCA) §§ 6315, 6654. [Cases:
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A tenancy arising when a person who has been in lawful possession of property wrongfully remains as a holdover after his or her interest has expired. • A tenancy at sufferance takes the form of either a tenancy at will or a periodic tenancy. — Also termed holdover tenancy; estate at sufferance. See HOLDING OVER.
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occupancy. 1. The act, state, or condition of holding, possessing, or residing in or on something; actual possession, residence, or tenancy, esp. of a dwelling or land. • In this sense, the term denotes whatever acts are done on the land to manifest a claim of exclusive control and to indicate to the public that
carry, vb. 1. To sustain the weight or burden of; to hold or bear (more weight than a single person can carry). 2. To convey or transport (carrying the coal from one state to another). 3. To possess and convey (a firearm) in a vehicle, including the locked glove compartment or trunk of a car