Deduction of fines and penalties. Valuation of inventory; Operating losses and prior yearsâ taxes; Apprenticeship job creation tax credit; Investment tax credit (ITC) for childcare spaces; To incorporate or not to incorporate; Incorporating your professional practice; The small business deduction; Capital tax; Associated-company rules
The definition of finite is something that has a limit that can't be exceeded. An example of finite is the number of people who can fit in an elevator at the same time. 1  having measurable or definable limits; not infinite.  Gram. having limits of person, number, and tense: said of a verb that can be used in a predicate.
A finite universeâthat is, a universe of limited sizeâeven one with trillions and trillions of stars, just wouldn't have enough stars to light up all of space. Although the idea of a finite universe explains why Earth's sky is dark at night, other causes work to make it even darker. Not only is the universe finite in size, it is also finite in age. That is, it had a beginning, just as you and I did.