Tag: WE
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Westlaw
Westlaw means:a computerized legal data bank available from West Publishing Company since 1975. It is solely a document retrieval system and does not interpret law….
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Wellhead Value
Wellhead Value means:the assessed value of oil and gas for severance and Ad Valorem tax purposes, normally at the well by an arm's-length transaction between the producer and the processor….
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Wear and Tear
Wear and Tear means:the decline in value or physical deterioration of property as the ordinary result of use, weathering, and age. Income tax systems usually allow deductions in calculating the profits of a business using buildings, plant and machinery which are subject to wear and tear in the c…