Distributing or Controlled stock acquired by purchase within the five-year period (including stock indirectly acquired by purchase) will no longer be considered as purchased if (and when) the basis resulting from that purchase is eliminated.
What does AP stand for?
AP stands for As Purchased (ingredients weight for baking or cooking)
This definition appears frequently and is found in the following Acronym Finder categories:
- Science, medicine, engineering, etc.
- Business, finance, etc.
See other definitions of AP
We have 193 other meanings of AP in our Acronym Attic
- Armed Forces Pacific
- Armenian Power (gang)
- Armies in the Pacific (used with APO/FPO)
- Armor Penetrating
- Array Processor
- Artificial Pneumothorax (medical)
- Artist's Proof (also seen as A/P)
- Arunachal Pradesh, India
- Aryan Pride