qualified

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qualified

(Competent), adjective able, acceptable, accomplished, adapted, adept, adequate, apt, capable, deft, efficacious, eligible, entitled, equal to, equipped, expert, fit, knowing, licensed, practiced, skilled, skillful, suitable, trained, versed, well-suited, worthy, worthy of choice
Associated concepts: qualified applicant, qualified elector

qualified

(Conditioned), adjective accommodatus, checked, circumscribed, circumstanced, conditional, conningent upon, controlled, curbed, decreased, defined, dependent, diminished, idoneus, limitary, limited, moderated, modified, not absolute, prerequisite, provisional, provisionary, provisory, restricted, stipulatory, subject to terms
Associated concepts: qualified acceptance, qualified ennorsement, qualified privilege, qualified right
See also: admissible, capable, competent, conditional, deft, dependent, desirable, eligible, entitled, expert, familiar, fit, informed, literate, practiced, professional, proficient, sciential, suitable, veteran

QUALIFIED. This term is frequently used in law. A man hag a qualified property in animals ferae naturae, while they remain in his power, but, as soon as they regain their liberty, his property in them is lost. A man has a qualified right to recover property of which he is not the owner, but which was unlawfully taken out of his possession. But this right may be defeated by the owner bring a suit or claiming the property. Vide Animals; Trover.

References in periodicals archive ?
The plan is at risk of losing its tax-qualified status, which significantly reduces the perceived value of the plan to the company's employees.
The IRS provides a comprehensive program to correct disqualifying defects and ensure that plans remain tax-qualified.
According to the association, Citizens holds tax-qualified loss reserves, manages the potential catastrophe exposure to the organization, insurers and policyholders, establishes tax-qualified bonds and other debt instruments to finance catastrophe losses over time, and establishes a statutorily guaranteed right for insurers to pass through catastrophe loss assessment to policyholders.
s clients under the name FlexBenDirect, provides for reimbursement of tax-qualified, unreimbursed expenses through health care FSAs and health reimbursement arrangements.
Not too many years ago, the model for a physician's retirement program consisted of one or more tax-qualified retirement plans maintained by the professional corporation (PC) that employed the physicians in the practice and any staff personnel.
Here he reviews deferred compensation from taxable subsidiaries, enhanced tax-qualified plans, severance benefits, and consulting contracts-additional options that may be available depending on the situation of the individual executive.
Tax-qualified retirement plans include 401(k), profit-sharing, defined benefit pension and employee stock ownership.
The prospects for "above the line" deductibility look promising for individuals who currently own, or purchase in the future, tax-qualified longterm care insurance policies.
The plan involved in Shumate happened to be tax-qualified under I.
Notice 97-31 contains language, for instance, that might cause private long-term care insurance policies - sold before HIPAA's implementation date and "grandfathered" under HIPAA as tax-qualified - to lose their tax-qualified status.
Annuities can provide supplemental retirement income but should be separate from your tax-qualified plans.