Moisture Moisture Moisture is the presence of a liquid, especially water, often in trace amounts. Small amounts of water may be found, for example, in the air (humidity), in foods, and in various commercial products. Moisture also refers to the amount of water vapour present in the air. Control of moisture in products can be a vital part of the process of the product. There is a substantial amount of moisture in what seems to be dry matter. Ranging in products from cornflake cereals to washing powders, moisture can play an important role in the final quality of the product. There
Amount realized than money) received." Generally, it is the value of what the taxpayer receives in the exchange. To have an "amount realized" there must be a kind of exchange, known as a "realization event." The first step in calculating the amount realized is determining when an exchange that qualifies as a "realization event" has occurred. Section 1001 requires that it be an exchange through which the taxpayer receives money or other property. In "Helvering v. Bruun", the United States Supreme Court has held that a "[g]ain may occur as a result of exchange of property, payment of the taxpayer's indebtedness, relief