LIKE KIND Definition

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LIKE KIND, in taxes, refers to property that is similar to another for which it has been exchanged: real estate exchanged for real estate, for instance. The definitions of like kind properties can be found in the US Tax Code at Section 1031.

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NEW SHEKEL (SHEQEL, SHEQALIM, SHEKALIM) is a currency of Israel.

PRICE EARNING RATIO see PRICE EARNINGS MULTIPLE.

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