exchange
Definitions from Case Law · United States Supreme Court
Definitions from Case Law
From 313 U.S. 247 - Helvering v. William Flaccus Oak Leather Co. · 1941Most cited · 252 citing opinions
exchange', as used in § 117(d), implies reciprocal transfers of capital assets, not a single transfer to compensate for the destruction of the transferee's asset.
How often courts cite the case defining “exchange”
Court decisions citing the opinion that defined “exchange” — 252 in all, by decade. Counts are citations to the defining case as a whole, not verified uses of the term. The dip in the most recent years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the latest years.