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Legal Definitions - ultra reprises

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Definition of ultra reprises

Ultra reprises refers to the value or amount of something that remains *after* all necessary expenses, charges, or deductions have been subtracted. It essentially means the 'net' amount available or remaining once all obligations or costs associated with it have been accounted for.

Here are some examples to illustrate this concept:

  • Real Estate Investment: Imagine a property owner who rents out a commercial office space. The gross rent collected each month is $15,000. However, the owner has ongoing expenses such as property taxes, building insurance, maintenance fees, and a property management service, which collectively total $6,000 per month. The amount of rent ultra reprises is $9,000 ($15,000 - $6,000). This represents the actual net income the owner receives from the property after all direct operational costs are covered.

  • Business Profitability: When evaluating the financial health of a manufacturing company, analysts often look at its revenue. If the company generates $2,000,000 in gross sales annually, but incurs $1,200,000 in operating expenses (like raw materials, labor wages, utility bills, and marketing costs), the company's revenue ultra reprises is $800,000. This figure indicates the true profit generated by the business from its core operations before considering taxes or interest, showing its profitability after covering all necessary costs of doing business.

  • Estate Distribution: Consider an estate left by a deceased individual, with a total asset value of $750,000. Before the inheritance can be distributed to beneficiaries, the estate must pay off outstanding debts, funeral expenses, and administrative costs such as legal fees for probate and accounting services. If these combined expenses amount to $100,000, the value of the estate ultra reprises is $650,000. This is the net sum that will ultimately be available for distribution to the heirs after all financial obligations and administrative charges have been settled.

Simple Definition

Ultra reprises is a legal term referring to a value or amount remaining after all necessary expenses have been deducted. Essentially, it signifies the net amount or what is left over once costs are accounted for.

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