Van Camp accounting
Van Camp accounting noun: 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.
Noun
Van Camp accounting (uncountable)
- 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.
Origin of Van Camp accounting
Named after a 1921 divorce case, Van Camp v. Van Camp.
Questions about Van Camp accounting
- What does Van Camp accounting mean?
- Van Camp accounting means 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.
- What part of speech is Van Camp accounting?
- Van Camp accounting is a noun.
Words near Van Camp accounting in the dictionary
Source and license
Adapted from Wiktionary: Van Camp accounting (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
Last updated:
Cite this entry: “Van Camp accounting.” Word.ws, https://word.ws/van_camp_accounting. Based on Wiktionary, CC BY-SA 4.0.
