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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.

West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.


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.

Copyright © 1981-2005 by Gerald N. Hill and Kathleen T. Hill. All Right reserved.

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.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
References in periodicals archive ?
The programme concluded with distribution of gift items donated by OFW Kabida International, OFW Movement Kanayon in Qatar, Zumbatitos for Health & Wellness, Filipino Family in Qatar, Means-Women Qatar and BAK.
Dr Dana Westphal, Dr Kluck, Dr Grant Dewson, Professor Jerry Adams and colleagues from the Molecular Genetics of Cancer and Cell Signalling and Cell Death divisions examined how the Bak and Bax dimers attach to mitochondria and perforate them.
As well as being an active vacation, BAK is fairly inexpensive.
Jo Hun Gil, an officer of the Korean People's Army, was quoted as saying, ''We can no longer stand the behaviors of the Lee Myung Bak group of rats.
According to the agreement, China BAK will deliver 1,000 lithium-ion high-power battery units in 2012 to power Chery's Ruilin M1 electric cars.
BAK is a Nasdaq-listed company specializing in producing lithium-ion batteries for 3C (computer, communication, and consumer electronics) products, currently operating two cell factories, including one in Shenzhen and another in Tianjin of China.
A Taliban spokesman, Zabihullah Mujahid, also said none of their fighters had been arrested in Bak district.
At LAC, Bak led major initiatives on digital preservation, metadata management and Web 2.0.
Detroit historian Bak takes the reader on a journey through the city's past via its cemeteries.
Bak, 68, of Surrey Lane, died Tuesday, January 4, 2011, in UMass Memorial Health Care, University Campus, after a long battle with Parkinson's disease.
Truck Tonneau Covers USA has also collaborated with Bak Industries, the manufacturer of the Bak Flip tonneau covers, and have reached an agreement to distribute their product nationwide at a retail rate.
Tony Jaa is as explosive as ever in this third film in the Ong Bak franchise.