Extension

(redirected from extension leads)
Also found in: Dictionary, Thesaurus, Medical, Financial, Encyclopedia.

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, 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 ?
Stockton fire station watch manager Stuart Simpson said the extension lead was not unravelled when power was put through it.
donny's top tip Don't overload extension leads with Christmas lights, TVs and heaters.
YOU SAID: I bet most people use extension leads without reading the warning on them that states 'must be fully unwound before use.' The reason is that the cable heats up under heavy loads, the coating melts and the wire then arcs causing an electrical fire.
Ensure cables or extension leads are not left out where they can be tripped over or grabbed.
Extension Leads - What a pain they are when you are working!
NORTH Wales Fire and Rescue Service is warning of the dangers of unsuitable extension leads after the contents of a garage on Stryt Las, Rhosllannerchrugog, were destroyed in a fire yesterday.
But despite the number of sockets we have, 68% of people think they don't have enough and 92% of households claim to use an average of three multi-plug extension leads daily.
Multi-socket adapters and extension leads offer a partial solution, but they are not really suitable for long-term use.
Only use SABS approved plugs, extension leads and multi-plugs.
Rebecca Lynch is urging people to be careful with extension leads after a fire broke out in the front bedroom of her semi-detached house on Hawthorne Drive, Brotton.
He advised: "Extension leads can tend to get warm and overheat and that can cause a short circuit.
Extension leads and adapters are also potential hazards with 40% of homeowners admitting to using multi-extensions plugged into other electrical adapters at Christmas.