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, 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 ?
No ocurriria lo mismo con una teoria formulada en un lenguaje extensional.
However, based on regional geology studies [30-33], we argue that such extensional tectonics extended across the Ediacaran (Sinian) to Early Cambrian periods.
En el caso de la triangulacion preconceptual empleamos vocabulario extensional, y con ello admitimos que su descripcion puede hacerse en expresiones preservadoras de la verdad segun la misma prueba de sustitucion.
In the northern CV, the extensional deformation is associated with N-S-trending faults and NNE-SSW to E-W-trending faults to the south, where shale strata with wedge geometry interbedded in ignimbrites are limited by normal faults (Fig.
We consider a nonempty domain D = [D.sub.-1] [union] [D.sub.I], where a subdomain [D.sub.-1] is made of particulars (extensional entities), and the rest [D.sub.I] = [D.sub.0] [union] [D.sub.I] ...
He uses extensional shear to increase the viscous dissipation through the viscosity multiplier.
(A, [cross product]) is a commutative semigroup with ([for all] x [member of] A) (x [cross product] x = x), where the semigroup operation is strongly extensional:
Extensional viscosity is related to the stress required for the stretching.
La interpretacion estructural de informacion sismica 3D, y su integracion con datos de pozos perforados en la region central y sur (bloques "B" y "VIII") de la Cuenca de Maracaibo, permitio establecer relaciones entre la deformacion extensional y contractiva, a partir del reconocimiento de un conjunto de estructuras invertidas.
"The huge signals from the extensional faulting made it difficult to resolve the triggered event, but we were able to confirm that secondary faulting had occurred, that it involved thrust faulting in the Tonga subduction zone, and that it released energy from about 50 to 130 seconds after the onset of extensional faulting within the Pacific plate," Lay said.
Extensional viscosity data (see figure 2 ) differentiate clearly between the two samples, lower values being observed for the sample with a narrower molecular weight distribution (Ziegler-Natta).