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.

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Meanings

nounVan Camp accounting (uncountable)
  1. uncountableaccountingIn 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

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

Full word history & related roots →
Cite this entry
APA

Van Camp accounting. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/Van%20Camp%20accounting

MLA

“Van Camp accounting.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/Van%20Camp%20accounting. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “Van Camp accounting,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/Van%20Camp%20accounting.

Source: Van Camp accounting on Wiktionary, CC BY-SA 4.0.