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.
Infinite describes things that are endless, like the universe, or your Uncle Phil's jokes. Finite means something with an end, and when you add the prefix, in- meaning not, you get infinite: something that never, ever ends. If someone has read every single book about pyramids, you might say he as an infinite knowledge of ancient Egyptian culture, even though that's an exaggeration. He will sure stop talking about them at some point.