Automatic Extension: A clause in a listing agreement that states that the agreement will continue automatically for a certain period of time after its expiration date. In many states, use of this clause is discouraged or prohibited.

 

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Automatic Extension: A clause in a listing agreement that states that the agreement will continue automatically for a certain period of time after its expiration date. In many states, use of this clause is disco . . . View Full Definition

Extension Bellows: Device used to provide the additional separation between lens and film required for close-up photography.

Extension Date: Voluntary arrangements to restructure a firm's debt, under which the payment date is postponed.

Extension Of Benefits: When a person's coverage is extended under certain conditions, such as disability, after their group health coverage would otherwise have ended.

Extension Service: Refers to a nationwide continuing education system that is based on the academic programs of the land grant colleges of agriculture (see Cooperative Extension System). The term also is the f . . . View Full Definition

Extension: Body part (i.e. hand, neck, trunk, etc.) going from a bent to a straight position, as in leg extension.

Double Extension: Characteristic of large format cameras which enables the bellows to be extended to twice that of the focal length of the lens in use. It is used for close-up photography.-

Automatic-On Headlamp: An automatic-on headlamp, or a daytime running lamp (DRL), is a motorcycle’s headlamp that automatically turns on when the bike is started. It’s mandatory on all street bikes in North Americ . . . View Full Definition

Automatics: Riders of motorcycles are used to shifting gears and using a clutch. However, some new riders would like to do away with shifting and clutching since they may have become used to automatic t . . . View Full Definition

Cooperative Extension System: A federal-state-local cooperative education system that provides continuing adult education based on the academic programs of the land grant colleges of agriculture and their affiliated stat . . . View Full Definition