Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
Extension
n. 1. The continuation of the same contract for a specified period. Cf. RENEWAL. 2. Patents. A continuation of the life of a patent for an additional statutorily allowed period. 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. - extend, ub.
extension agreement
An agreement providing additional time for the basic agreement to be performed.
product-extension merger
See MERGER.
product-extension merger.
A merger in which the products of the acquired company are complementary to those of the acquiring company and may be produced with similar facilities, marketed through the same channels, and advertised by the same media.