Dependent


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Dependent

A person whose support and maintenance is contingent upon the aid of another. Conditional.

A dependent is someone who is sustained by another person, such as a child supported by his or her parents.

In an insurance policy, the term legal dependent generally includes all of those people whom the insured person is under a legal duty to support, such as a spouse and minor children. A lawful dependent includes someone whom an insured person is permitted, but not required, to support.

That which is dependent is conditional upon the occurrence of another event. A dependent contract is an agreement between two parties that is conditional upon another agreement. For example, one person agrees to deliver goods to another person only after that person contracts to purchase such goods from the first person only for a certain designated period.

dependent

1) n. a person receiving support from another person (such as a parent), which may qualify the party supporting the dependent for an exemption to reduce his/her income taxes. 2) adj. requiring an event to occur, as the fulfillment of a contract is dependent on the expert being available.

References in periodicals archive ?
Absent the phrase "determined without regard to subsections (b)(1), (b)(2), and (d)(1)(B) thereof," dependents in these three situations (a dependent with children, a married dependent filing a joint return with a spouse, and a dependent with gross income exceeding the exemption amount) would not qualify a taxpayer to file as a surviving spouse, as the taxpayer would not meet the Sec.
For instance, some energy-export dependent countries such as Oman, Saudi Arabia and Trinidad and Tobago increased the share of their non-commodity exports by adding value in their downstream sectors.
As we hypothesized that the rates of exit from dependent coverage would not be constant across chronological age, we assessed insurance coverage for each chronological year of age (representing 512,790 person-years of insurance coverage).
A well-meaning, but uninformed relative may leave funds directly to your dependent. This may undo all the hard work and expense you have gone through in setting up a plan.
In order to more fully understand the impact of catheter dependent loops, several engineering concepts need to be explored.
The provisos relating to dependent children are particularly important.
Organizations often define dependents differently in their health-care plans, so the planning phase tends to center on clearly establishing the definition of an eligible dependent.
Under HB 2660, the number of allowable dependents entitled to deduction in taxable income will no longer be limited to four.
Highly compensated employees who receive dependent care assistance under a plan that does not qualify as a DCAP under Sec.
The 2010 federal health reform--the Patient Protection and Affordable Care Act-required that with the first plan renewal on or after September 2010, all private health insurance plans treat children up to the age of 26 as dependents, eligible to be covered under a parent's family plan.
And try as I might, claiming him as a dependent won't work either.
12.901(b)(1), Petition for Dissolution of Marriage with Dependent or Minor Child(ren);

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