EXTENSION

EXTENSION

extension, n.

1. The continuation of the same contract for a specified period. Cf. RENEWAL(3). [Cases: Contracts 242. C.J.S. Contracts ¡ì 407.]

2. Patents. A continuation of the life of a patent for an additional statutorily allowed period. [Cases: Patents 133. C.J.S. Patents ¡ì¡ì 234¨C235.]

3. Tax. A period of additional time to file an income-tax return beyond its due date.

4. A period of additional time to take an action, make a decision, accept an offer, or complete a task. [Cases: Internal Revenue 4474; Taxation 1079, 1313. C.J.S. Internal Revenue ¡ì 633; Taxation ¡ì¡ì 1699, 1758, 2038.] ¡ª extend, vb.


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