How is Trading Profit defined in a legal contract?
- Trading Profit means the surplus achieved from any sale of shares or other securities by a member of a certain group. This surplus is the exact price realized in such sale, after deducting all brokerage fees and commissions involved in the transaction, over the weighted-average cost of the sold shares or securities. Seen in 3 SEC filings
- Trading Profit means the difference, if any, by which the actual price realized in the sale of shares or other securities, after all brokerage fees and commissions, is more or less than the weighted-average cost of the shares or securities. This definition also refers to the existing trading profit on a termination date or reference date in reference to any shares or other securities held by a company as of such date. This existing profit is the amount by which the market value of such shares or securities at the termination or reference date exceeds or falls below their weighted-average cost. Seen in 2 SEC filings
- Trading Profit means the net earnings before taking into account interest, income taxes, depreciation, and amortization. It offers an indication of the operating performance of a company before factoring in the cost of interest, income tax, and capital investments. Seen in 1 SEC filing
- Trading Profit means the difference between the takings and the cost of goods or materials, with an appropriate adjustment for opening and closing stocks relative to it. Seen in 1 SEC filing
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
- Trading Profit means the surplus netted from sales of securities, deducting costs.
Relevant Contract Types
Relevant Circumstances
- Large share or security trades
- Interorganizational asset transfers
Relevant Sectors
Genie Definition 2
- Trading Profit means the Pre-interest, pre-tax net earnings, before depreciation and amortization.
Relevant Contract Types
Relevant Circumstances
- Negotiations over fair compensation
- Assessing company performance
Relevant Sectors
Genie Definition 3
- Trading Profit means the differential between income and cost of goods, adjusted for stock changes.
Relevant Contract Types
Relevant Circumstances
- Evaluating profitability of goods sold
- Determining success of sales performance
Relevant Sectors
Trading Profit means the surplus netted from sales of securities, deducting costs
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