TBC

tax year.See YEAR.TBC.abbr.Trial before the court. See bench trial under TRIAL. [Blacks Law 8th]

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TAX WRITE-OFF

tax write-off.A deduction of depreciation, loss, or expense. [Cases: Internal Revenue 3310–3442, 3470–3505; Taxation 1031.1–1044. C.J.S. Internal Revenue §§ 33, 58, 140, 150–171, 173–180, 182–184, 186–190, 192–196, 198–205, 212, 215–249, 251–265, 267, 270–283, 286, 409, 489, 671, 673, 799–800; Taxation §§ 1738–1755.] [Blacks Law 8th]

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PRO MODO ADMISSI

pro modo admissi (proh moh-doh ad-mis-I). [Latin] Hist. According to the measure of the offense.   [Blacks Law 8th]

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PROMISSORY RESTRAINT

promissory restraint.An attempt by an otherwise effective conveyance or contract to discourage a later conveyance by imposing contractual liability on anyone who makes a later conveyance.   [Blacks Law 8th]

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