MLchartDataset catalogue

Disallowance

Term · Law · MLC-T-LAW-001634

The official rejection of a claim, expense, or deduction by an authority, rendering it invalid or unrecoverable. This action prevents the item from being recognized for legal or financial purposes. For instance, a tax authority may issue a disallowance for an improperly claimed business expense.

Table 1. Record
IdentifierMLC-T-LAW-001634
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-001634",
  "term": "Disallowance",
  "field": "Law",
  "definition": "The official rejection of a claim, expense, or deduction by an authority, rendering it invalid or unrecoverable. This action prevents the item from being recognized for legal or financial purposes. For instance, a tax authority may issue a disallowance for an improperly claimed business expense.",
  "url": "https://mlchart.com/terminology/law/disallowance/"
}

Record 1,503 of 5,441 in Law terminology (MLC-0107). Request the full dataset.