Van Camp accounting

noun

Van Camp accounting

noun

Etymology Named after a 1921 divorce case, Van Camp v. Van Camp.

1

Accounting, Business, Finance In California community property law, a mechanism to deal with community funds and/or labor used to enhance the value of separate property. The manager's services are valued at a market rate, and community expenses are subtracted from that amount. The result is considered community property.

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.