Unrealised Profit Definition | Law Insider

Unrealised Profit means the amount profit that is shown on an open Position. This is a profit that has not yet been realised by closing a Position. Sample 1. UnrealisedProfitdefinitionSearchWithinUnrealisedProfitDefinitionsRelatedDefinitionsunrealizedprofitsFloatingProfit/LossUnrealizedGainunrealizeddepreciationUnrealizedLossOperatingProfitUnrealizedlossesOperatingProfitsNon-ProfitBuilt-inGainNonrecourseBuilt-inGainNetProfitTotalProfitRateofGrossProfitTradingProfitsGainsGrossProfitsConsolidatedNetIncome(Loss)AdjustedNetIncomeNetIncome(Loss)ConsolidatedNetLossNetIncomeorNetLossEarningsfromOperationsAdjustedNetEarningsfromOperationsNetLossAdjustedPropertyRemoveAdvertisingOpenSplitViewShareCiteUnrealisedProfit meanstheamountprofitthatisshownonanopenPosition.ThisisaprofitthathasnotyetbeenrealisedbyclosingaPosition.Sample1Sample2Sample3Basedon4documents4SaveCopyRemoveAdvertisingUnrealisedProfit meanstheamountprofitthatisshownonanopenPosition.ThisisaprofitthatSample1Basedon1documents1SaveCopyExamplesofUnrealisedProfitinasentenceDepartmentalAccounting:Meaning,Needs,Advantages,ApportionmentofExpenses,InterDepartmentalTransfersandProvisionforUnrealisedProfit.ThedirectorsareresponsibleforthepreparationofthesupplementaryinformationinaccordancewiththeGuidanceonSpecialMatterNo.1,DeterminationofRealisedandUnrealisedProfitorLossesintheContextofDisclosurePursuanttoBursaMalaysiaSecuritiesBerhadListingRequirements,asissuedbytheMalaysianInstituteofAccountants(“MIAGuidance”)andthedirectiveofBursaMalaysiaSecuritiesBerhad.Hesaidtheclaimantswerenotabletoattendduetothehourstheywork,andthathehadtalkedwiththemabouttheirclaim.WhenyoucloseoutyourMarginFXContract,thenetamountofSwap(whichformsapartofyourUnrealisedProfit/Loss)willbecreditedordebitedfromyourAccountbalance.TheUnrealisedProfitorLossdisplayedonourPlatformatanytimemaynotaccuratelyreflecttheRealisedProfitorRealisedLossthatwouldbegainedorincurredifyouclosedoneoralloftheFXSpotandCFDMarginTradesimmediately.Subjecttotheseterms,wewillexecuteyourOrders(orwillinstructthirdpartiestoexecuteyourOrders)withyouasprincipal.methodofdealing.4.5FusionMarketsmayfromtimetotimecalculateandreporttheUnrealisedProfit&LossforanAccount(UnrealisedProfit&Loss).FeesandOtherCostsMarktomarketpaymentsthatrepresenttheUnrealisedProfitonanopenMarginFXContractAtthecloseofbusinessoneachbusinessdayduringthetermofMarginFXContract,wewilldeterminetheContractValueoftheMarginFXContract.ThisEPhasbeenspecificallydefinedsothatitispossibletodefineaTargetofEvaluation(TOE)thatcontainsthesecurityfunctionalrequirements(SFRs)ofboththeNDcPPandthisEPwithoutcontradictionsorambiguities.Extensionstospectrumalreadyidentified,butnotavailable,willallowsignificantincreaseinthecapacityfordatacarriage.Forexampleifyoubuy1lotofGBP/AUDat1.6500anditrisesto1.6550butyouhavenotyetclosedthePosition,youwillhaveanUnrealisedProfitof$500.RelatedtoUnrealisedProfitunrealizedprofitsmeansthefairmarketvalueofthegaintosuchPersonofreplacingsuchRateManagementTransactionasofthedateofdetermination(assumingsuchRateManagementTransactionweretobeterminatedasofthatdate).FloatingProfit/LossinaCFDshallmeancurrentprofit/lossonOpenPositionscalculatedatthecurrentQuotes(addedanycommissionsorfeesifapplicable).UnrealizedGainattributabletoanyitemofPartnershippropertymeans,asofanydateofdetermination,theexcess,ifany,of(a)thefairmarketvalueofsuchpropertyasofsuchdate(asdeterminedunderSection5.5(d))over(b)theCarryingValueofsuchpropertyasofsuchdate(priortoanyadjustmenttobemadepursuanttoSection5.5(d)asofsuchdate).unrealizeddepreciationmeansthedifferencebetweentheFairMarketValueofsuchassets,takingintoaccounttheFairMarketValueoftheassociatedfinancingbutsubjecttoSection7701(g)oftheCode,andtheasset'sGrossAssetValue.Section15.3(c)ismerelyintendedtoprovidearuleforallocatingunrealizedIncomeandLossesuponliquidationorotherDistributionevent,andnothingcontainedinSection15.3(c)orelsewhereinthisAgreementisintendedtotreatorcausesuchDistributionstobetreatedassalesforvalue.TheFairMarketValueofsuchassetsshallbedeterminedbyanindependentappraisertobeselectedbytheGeneralPartner.UnrealizedLossattributabletoanyitemofPartnershippropertymeans,asofanydateofdetermination,theexcess,ifany,of(a)theCarryingValueofsuchpropertyasofsuchdate(priortoanyadjustmenttobemadepursuanttoSection5.5(d)asofsuchdate)over(b)thefairmarketvalueofsuchpropertyasofsuchdate(asdeterminedunderSection5.5(d)).OperatingProfitmeanstheexcessofGrossRevenuesoverthefollowingdeductions(“Deductions”)incurredbyManager,onbehalfofOwner,inoperatingtheHotel:UnrealizedlossesmeansthefairmarketvalueofthecosttosuchPersonofreplacingsuchRateManagementTransactionasofthedateofdetermination(assumingtheRateManagementTransactionweretobeterminatedasofthatdate),and“unrealizedprofits”meansthefairmarketvalueofthegaintosuchPersonofreplacingsuchRateManagementTransactionasofthedateofdetermination(assumingsuchRateManagementTransactionweretobeterminatedasofthatdate).OperatingProfitsmeans,asappliedtoanyPersonforanyperiod,theoperatingincomeofsuchPersonforsuchperiod,asdeterminedinaccordancewithGAAP.Non-Profitmeansaqualifiednon-profitentityasdefinedinSection42(h)(5)(C),subsection501(c)(3)or501(c)(4)oftheIRCandorganizedunderChapter617,F.S.,ifaFloridaCorporation,ororganizedundersimilarstatelawiforganizedinajurisdictionotherthanFlorida,toprovidehousingandotherservicesonanot-for-profitbasis,whichownsatleast51percentoftheownershipinterestintheDevelopmentheldbythegeneralpartnerormanagingmemberentity,whichshallreceiveatleast25percentoftheDeveloperfee,andwhichentityisacceptabletofederalandstateagenciesandfinancialinstitutionsasaSponsorforaffordablehousing,asfurtherdescribedinRule67-48.0075,F.A.C.Built-inGainmeansanamountequalto:(i)theHighestSalePrice(ashereinafterdefined)determinedasofthedatetheChangeinControloccurs,multipliedbythetotalnumberofsharesofcommonstockoftheCompanywhichtheExecutivecouldacquirebyexercisingalloftheoptionstoacquirecommonstockoftheCompanywhich,asofthedatetheChangeinControloccurs,wereissuedtotheExecutive,outstandingandunexercised,minus(ii)theAggregateExercisePriceofsuchoptions.NonrecourseBuilt-inGainmeanswithrespecttoanyContributedPropertiesorAdjustedPropertiesthataresubjecttoamortgageorpledgesecuringaNonrecourseLiability,theamountofanytaxablegainthatwouldbeallocatedtothePartnerspursuanttoSection6.2(b)ifsuchpropertiesweredisposedofinataxabletransactioninfullsatisfactionofsuchliabilitiesandfornootherconsideration.NetProfitmeanssuchprofitasiscalculatedinaccordancewithparagraph61;TotalProfitmeanstheaggregateamount(beforetaxes)ofthefollowing:(i)theamountreceivedbyGranteepursuanttoIssuer'srepurchaseoftheOption(oranyportionthereof)pursuanttoSection7,(ii)(x)theamountreceivedbyGranteepursuanttoIssuer'srepurchaseofOptionSharespursuanttoSection7,less(y)theGrantee'spurchasepriceforsuchOptionShares,(iii)(x)thenetcashamountsreceivedbyGranteepursuanttothesaleofOptionShares(oranyothersecuritiesintowhichsuchOptionSharesareconvertedorexchanged)toanyunaffiliatedparty,less(y)theGrantee'spurchasepriceofsuchOptionShares,(iv)anyamountsreceivedbyGranteeonthetransferoftheOption(oranyportionthereof)toanyunaffiliatedparty,and(v)anyamountequivalenttotheforegoingwithrespecttotheSubstituteOption.RateofGrossProfitmeansthegrossprofitearnedexpressedasapercentageoftheturnoverduringtheperiodbetweenthedateofthecommencementofthebusinessandthedateoftheincident.TradingProfitsmeansnetfuturesintereststradingprofits(realizedandunrealized)earnedontheportionofthePartnership'sNetAssetsallocatedtotheTradingAdvisor,decreasedbytheTradingAdvisor'smonthlymanagementfees,andaprorataportionofthebrokeragefeesandanytransactionfeesandcostsrelatingtotheTradingAdvisor'sallocatedNetAssets,ifany,notincludedinthebrokeragefees;withsuchtradingprofitsanditemsofdecreasedeterminedfromtheendofthelastcalendarmonthinwhichanincentivefeewasearnedbytheTradingAdvisoror,ifnoincentivefeehasbeenearnedpreviouslybytheTradingAdvisor,fromthedatethatthePartnershipbeginstoreceivetradingadvicefromtheTradingAdvisorpursuanttothisAgreementtotheendofthemonthasofwhichsuchincentivefeecalculationisbeingmade.ExtraordinaryexpensesofthePartnership,ifany,willnotbedeductedindeterminingTradingProfits.NoincentivefeewillbepaidoninterestincomeearnedbythePartnership.GainsmeanswithrespecttoanyParty,anamountequaltothepresentvalueoftheeconomicbenefittoit,ifany(exclusiveofCosts),resultingfromtheterminationoftheTransaction,determinedinacommerciallyreasonablemanner,subjecttoSection5.3hereof.Factorsusedindeterminingeconomicbenefitmayincludereferencetoinformationeitheravailabletoitinternallyorsuppliedbyoneormorethirdparties,includingquotations(eitherfirmorindicative)ofrelevantrates,prices,yields,yieldcurves,volatilities,spreadsorotherrelevantmarketdataintherelevantmarkets,marketpricereferent,marketpricesforacomparabletransaction,forwardpricecurvesbasedoneconomicanalysisoftherelevantmarkets,settlementpricesforacomparabletransactionatliquidtradingplatforms(e.g.,NYMEX),allofwhichshouldbecalculatedfortheremainingDeliveryTermtodeterminethevalueoftheProduct.GrossProfitsmeansthegrossprofitscalculatedundersection4;ConsolidatedNetIncome(Loss)oftheCompanymeans,foranyperiod,theConsolidatednetincome(orloss)oftheCompanyanditsSubsidiariesforsuchperiodasdeterminedinaccordancewithGAAPonaConsolidatedbasis,adjusted,totheextentincludedincalculatingsuchnetincome(loss),byexcluding,withoutduplication:(i)allextraordinarygainsorlosses(lessallfeesandexpensesrelatingthereto);(ii)theportionofnetincome(orloss)oftheCompanyanditsSubsidiariesallocabletominorityinterestsinunconsolidatedPersonstotheextentthatcashdividendsordistributionshavenotactuallybeenreceivedbytheCompanyoroneofitsSubsidiaries;(iii)anygainorloss,netoftaxes,realizedupontheterminationofanyemployeepensionbenefitplan;(iv)netgains(butnotlosses)(lessallfeesandexpensesrelatingthereto)inrespectofdispositionsofassetsotherthanintheordinarycourseofbusiness;or(v)thenetincomeofanySubsidiarytotheextentthatthedeclarationofdividendsorsimilardistributionsbythatSubsidiaryofthatincomeisnotatthetimepermitted,directlyorindirectly,byoperationofthetermsofitscharteroranyagreement,instrument,judgment,decree,order,statute,ruleorgovernmentalregulationsapplicabletothatSubsidiaryoritsstockholders.WheneverproformaeffectistobegiventoanacquisitionordispositionofassetsforthepurposeofcalculatingtheConsolidatedFixedChargeCoverageRatio,theamountofincomeorearningsrelatedtosuchassetsshallbecalculatedonaproformabasisinaccordancewithRegulationS-XundertheSecuritiesAct,asineffectonthedateofsuchcalculation.AdjustedNetIncomemeansforanyperiod,ConsolidatedNetIncomeless(withoutduplication)totheextentthatanyofthefollowingshallhavebeenincludedinConsolidatedNetIncomeforsuchperiod(a)anynetgainorlossarisingfromthesaleofcapitalassets,(b)anynetgainorlossarisingfromanywrite-uporwrite-downofassets,(c)earningsorlossesofanyotherPerson,substantiallyalloftheassetsofwhichhavebeenacquiredbytheBorroweroraConsolidatedSubsidiaryoftheBorrowerinanymanner,totheextentthatsuchearningsorlosseswererealizedbysuchotherPersonpriortothedateofsuchacquisition,(d)earningsorlossesofanyPerson(otherthanaConsolidatedSubsidiaryoftheBorrower)inwhichtheBorroweroraConsolidatedSubsidiaryhasanownershipinterest,unlesssuchearningshaveactuallybeenreceivedbytheBorrowerorsuchConsolidatedSubsidiaryintheformofcashdistributions,and(e)anynetgainorlossarisingfromtheacquisitionofanysecuritiesoftheBorroweroraConsolidatedSubsidiaryoftheBorrower.NetIncome(Loss)means,foranyPersonforanyperiod,theaggregateofnetincome(orloss)ofsuchPersonanditsSubsidiariesforsuchperiod,determinedonaconsolidatedbasisinconformitywithGAAP.ConsolidatedNetLossmean,respectively,withrespecttoanyperiod,theaggregateofthenetincome(loss)ofthePersoninquestionforsuchperiod,determinedinaccordancewithGAAPonaconsolidatedbasis,providedthatthereshallbeexcluded(i)theincomeofanyunconsolidatedSubsidiaryandanyPersoninwhichanyotherPerson(otherthanCompanyoranyoftheSubsidiariesoranydirectorholdingqualifyingsharesincompliancewithapplicablelaworanyotherthirdpartyholdingademinimisnumberofsharesinordertocomplywithothersimilarrequirements)hasajointinterest,excepttotheextentoftheamountofdividendsorotherdistributionsactuallypaidtoCompanyoranyofitsWholly-OwnedSubsidiariesbysuchPersonduringsuchperiodand(ii)thecumulativeeffectofachangeinaccountingprinciples(fortheavoidanceofdoubt,allincomeofUnrestrictedEntitiesshallbeexcludedfromConsolidatedNetIncome).NetIncomeorNetLossmeans,foreachfiscalyearorotherapplicableperiod,anamountequaltothePartnership’snetincomeorlossforsuchyearorperiodasdeterminedforfederalincometaxpurposesbytheAccountants,determinedinaccordancewithSection703(a)oftheCode(forthispurpose,allitemsofincome,gain,lossordeductionrequiredtobestatedseparatelypursuanttoSection703(a)oftheCodeshallbeincludedintaxableincomeorloss),withthefollowingadjustments:(a)byincludingasanitemofgrossincomeanytax-exemptincomereceivedbythePartnership(b)bytreatingasadeductibleexpenseanyexpenditureofthePartnershipdescribedinSection705(a)(2)(B)oftheCode(includingamountspaidorincurredtoorganizethePartnership(unlessanelectionismadepursuanttoCodeSection709(b))ortopromotethesaleofinterestsinthePartnershipandbytreatingdeductionsforanylossesincurredinconnectionwiththesaleorexchangeofPartnershippropertydisallowedpursuanttoSection267(a)(1)orSection707(b)oftheCodeasexpendituresdescribedinSection705(a)(2)(B)oftheCode);(c)inlieuofdepreciation,depletion,amortization,andothercostrecoverydeductionstakenintoaccountincomputingtotalincomeorloss,thereshallbetakenintoaccountDepreciation;(d)gainorlossresultingfromanydispositionofPartnershippropertywithrespecttowhichgainorlossisrecognizedforfederalincometaxpurposesshallbecomputedbyreferencetotheGrossAssetValueofsuchpropertyratherthanitsadjustedtaxbasis;and(e)intheeventofanadjustmentoftheGrossAssetValueofanyPartnershipassetwhichrequiresthattheCapitalAccountsofthePartnershipbeadjustedpursuanttoRegulationsSection1.704-1(b)(2)(iv)(e),(f)and(m),theamountofsuchadjustmentistobetakenintoaccountasadditionalNetIncomeorNetLosspursuanttoExhibitB.EarningsfromOperationsforanyperiodmeansnetearningsexcludinggainsandlossesonsalesofinvestments,extraordinaryitemsandpropertyvaluationlosses,asreflectedinthefinancialstatementsoftheCompanyanditsSubsidiariesforsuchperiod,determinedonaconsolidatedbasisinaccordancewithGAAP.AdjustedNetEarningsfromOperationsmeans,withrespecttoanyfiscalperiodofFoamex,thenetincomeofFoamexanditsSubsidiariesafterprovisionforincometaxesforsuchfiscalperiod,asdeterminedinaccordancewithGAAPonaconsolidatedbasis(excludingtheJointVenturesandtheChinaJointVenture)andreportedontheFinancialStatementsforsuchperiod,excludinganyandallofthefollowingincludedinsuchnetincome:(a)gainorlossarisingfromthesaleofanycapitalassets;(b)gain(orloss)arisingfromanywrite-up(orwrite-down)inthebookvalueofanyasset;(c)earningsofanyPerson,substantiallyalltheassetsofwhichhavebeenacquiredbyFoamexoranyofitsSubsidiariesinanymanner,totheextentrealizedbysuchotherPersonpriortothedateofacquisition;(d)earningsofanyPerson(otherthanFoamexCanadaandtheMexicanSubsidiariesandtheirrespectiveSubsidiaries)inwhichFoamexoranyofitsSubsidiarieshasanownershipinterestunless(andonlytotheextent)suchearningsshallactuallyhavebeenreceivedbyFoamexoranyofitsDomesticSubsidiariesintheformofcashdistributions;(e)earningsofanyPersontowhichassetsofFoamexoranyofitsSubsidiariesshallhavebeensold,transferredordisposedof,orintowhichFoamexoranyofitsSubsidiariesshallhavebeenmerged,orwhichhasbeenapartywithFoamexoranyofitsSubsidiariestoanyconsolidationorotherformofreorganization,priortothedateofsuchtransaction;(f)gainorlossarisingfromtheacquisitionofdebtorequitysecuritiesofFoamexoranyofitsSubsidiariesorfromcancellationorforgivenessofDebt;and(g)gainorlossarisingfromextraordinaryitems,asdeterminedinaccordancewithGAAP.NetLossmeans,foreachfiscalyearorotherapplicableperiod,anamountequaltothePartnership’staxableincomeorlossforsuchyearorperiodasdeterminedforfederalincometaxpurposesbytheGeneralPartner,determinedinaccordancewithSection703(a)oftheCode(forthispurpose,allitemsofincome,gain,lossordeductionrequiredtobestatedseparatelypursuanttoSection703(a)oftheCodeshallbeincludedintaxableincomeorloss),adjustedasfollows:AdjustedPropertymeansanypropertytheCarryingValueofwhichhasbeenadjustedpursuanttoSection5.5(d)(i)or5.5(d)(ii).