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.
Word Root of finite. The Latin word finis, meaning âendâ or âboundary,â gives us the root fin. Words from the Latin finis have something to do with ends or limits. Something final, such as the last chapter in a book, is the ending one. To confine is to put limits or boundaries around something.