Define:

Preceding Year

The meaning of “

Preceding Year

” differs based on where it is used. We list many below, then combine them into one or more market-standard definitions.

How is 'Preceding Year' defined in a legal contract?

  • Preceding Year means a 12-month span set by [organization]. Seen in 75 SEC filings
  • Preceding Year means a 12-month duration immediately before the beginning of [license year] for which proportional registration is requested. Seen in 52 SEC filings
  • Preceding Year means the year immediately before the day a regulated officeholder discloses a conflict of interest. Seen in 11 SEC filings
  • Preceding Year means the 12 months culminating on September 30 of the previous year for a license application.
    Seen in 9 SEC filings
  • Preceding Year means the tax assessment year immediately before the initial tax year. Seen in 8 SEC filings

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of preceding year' yourself to verify these results. We are always keen to point people to source documents.

Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

Genie Definition 1

  • Preceding Year means the 12-month span immediately before the start of a defined period or event.

Relevant Contract Types

Relevant Circumstances

  • Setting terms for projected revenue or performance metrics
  • Defining the measurement period for annual bonuses
  • Prescribing the timeframe for calculating royalties

Relevant Sectors

Genie Definition 2

  • Preceding Year means the tax assessment year directly before the initial tax year.

Relevant Contract Types

Relevant Circumstances

  • Planning financial audits
  • Establishing tax liabilities
  • Calculating tax payments

Relevant Sectors

Are you creating, reviewing or negotiating a document?

Looking for further advice on how to define “

Preceding Year

" in your document?

🚀 Try our AI Legal Assistant! It's free while in beta and it can suggest a definition just for your specific needs (Simply import your contract, then ask it to draft a definition suitable for your document, that's it!)

What is the most popular definition of '

Preceding Year

'?

Preceding Year means the 12-month span immediately before the start of a defined period or event.

The 2nd most popular definition of '

Preceding Year

' is:

The 3rd most popular definition of '

Preceding Year

' is:

The 4th most popular definition of '

Preceding Year

' is:

The 5th most popular definition of '

Preceding Year

' is:

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