extension

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Extension

An increase in the length of time specified in a contract.

A part constituting an addition or enlargement, as in an annex to a building or an extension to a house. Addition to existing facilities.

An allowance of additional time for the payment of debts. An agreement between a debtor and his or her creditors, by which they allow the debtor further time for the payment of liabilities. A creditor's indulgence by giving a debtor further time to pay an existing debt.

The word extension, when used in its proper and usual sense in connection with a lease, means a prolongation of the previous leasehold estate. The distinction between extension and renewal of lease is chiefly that, in the case of renewal, a new lease is requisite, while, in the case of extension, the same lease continues in force during an additional period upon performance of a stipulated act. An option for renewal implies giving a new lease on the same terms as those of an old lease, while an option for extension contemplates a Continuance of an old lease for a further period.

Request for additional time to file an income tax return beyond the due date.

extension

n. granting of a specific amount of extra time to make a payment, file a legal document after the date due, or continue a lease after the original expiration of the term.

extension

(Expansion), noun addition, amplification, augmentation, broadening, dilatation, dilation, distention, enlargement, growth, increase, innrease of size, increment, magnification, prolatio, spreading, stretching, supplementation, widening

extension

(Postponement), noun abeyance, added time, additional time, adjournment, break, continuance, continuation, deferment, deferral, delay, extra time, further time, intermission, moratorium, more time, pause, recess, respite, rest, stall, stay, suspension, suspennion of activity, temporary stop, temporary suspension
Associated concepts: extension for good cause, extension of payment, extension of renewal of note, extension of time
See also: accession, accretion, addition, additive, adjournment, adjunct, advance, appendix, appurtenance, augmentation, boom, continuance, continuation, deferment, development, enlargement, growth, increase, increment, inflation, insertion, latitude, magnitude, offshoot, organ, rider, stress, survival

EXTENSION, comm. law. This term is applied among merchants to signify an agreement made between a debtor and his creditors, by which the latter, in order to enable the former, embarrassed in his circumstances, to retrieve his standing, agree to wait for a definite length of time after their several claims should become due and payable, before they will demand payment.
     2. Among the French, a similar agreement is known by the name of atermoiement. Merl. Rep. mot Atermoiement.

References in periodicals archive ?
When purchasing light strings, extension cords and electrical decorations, look for the certification mark of an accredited organization such as CSA Group.
Extension cords are an indispensable part of the successful completion of a wide variety of different jobs and chores.
She added that the owner of the building said he previously told the tenant to remove the extension cords.
Don't place plug connections near gutter downspouts or in low areas where water collects, and run extension cords along building foundations or fences; it keeps them from becoming a tripping hazard.
All extension cords listed in the table have three-prong plugs and connectors.
According to the Consumer Product Safety Commission, misused or damaged extension cords cause about 3,300 residential fires each year, killing 50 people and injuring 170 others.
Repairing and maintaining extension cords, or the male end of appliances, power tools, and anything else you plug in, is a cinch.
Cleaner electric mowers are limited by those annoying long extension cords.
Linked to one another by scaffolding, extension cords, and a profusion of thin steel ropes, the modules were connected to the gallery only by the cables anchoring them to the ceiling and by a flimsy Styrofoam footbridge held aloft by Mylar balloons, which led to a mezzanine.
In addition, the extension cords that connect the substation to Battery Park City and the surrounding neighborhoods could only serve as a temporary solution.
Extrinsic factors, such as a slippery or wet surface, extension cords running across a floor, or protruding transition strips where hard and soft flooring meet, can all cause a person to fall and should obviously be minimized or eliminated.
Proper Extension Cords--When using extension cords, be sure they are of the grounded type and are rated for the application.