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 ?
The functionality of the program extension was tested by the creation of sample maps.
“The Upshot Affiliate Program Extension does just that, and more.”
DAR Undersecretary for Policy, Planning and Research David Erro said Agrarian Reform Secretary John Castriciones is bent on 'curing the ills' of government service as head of the DAR, by going after erring personnel before the agency implements another phase of agrarian reform beyond what was covered by Republic Act 6657, which gave birth to the Comprehensive Agrarian Reform Program (CARP) and RA 9007, or the Comprehensive Agrarian Reform Program Extension with Reforms.
The latest extension was named Comprehensive Agrarian Reform Program Extension with Reforms, which was passed in 2008.
It was extended for another five years in June 2009 through Republic Act 9700 or the Comprehensive Agrarian Reform Program Extension with Reform or CARPer.
Industry officials believe the House will accept the 60-day National Flood Insurance Program extension the Senate passed yesterday, but an ultimatum in that bill could give the House pause.
Since the Comprehensive Agrarian Reform Program Extension with Reforms (CARPer) lapsed on June 30, 2014, the DAR can no longer issue notices of coverage to a still substantial number of private agricultural landholdings, mostly in the Negros provinces.
It was extended for another five years in June, 2009, through Republic Act 9700 or the Comprehensive Agrarian Reform Program Extension with Reform or CARPer.
David Vitter, R.-La., today introduced a five-year National Flood Insurance Program extension in the form of an amendment to bipartisan drug legislation.

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