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.

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

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.

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 ?
Tilden argued that [section]56.12028 does not apply to extension cords, and cited a 1999 decision in which former ALJ T.
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Repairing and maintaining extension cords, or the male end of appliances, power tools, and anything else you plug in, is a cinch.
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"I honestly thought going into this that our main issues would probably be small - extension cords and fire extinguishers," he said.
Cleaner electric mowers are limited by those annoying long extension cords. But now there's Neuton from Country Home Products, a battery-powered mower that's lightweight, relatively quiet and starts at the push of a button This attractive, compact machine ($399) has a one-hour battery charge that's ideal for small lawns.
Workers should also use fully intact extension cords and grounded equipment.--Tim Faller, Fie/d Training Services, www.leadcarpenter.com.
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.