Terms Used In CFR > Title 49 > Subtitle B > Chapter III > Subchapter B > Part 374 > Subpart E - Incidental Charter Rights

• Bequest: Property gifted by will.
• Chambers: A judge's office.
• Contract: A legal written agreement that becomes binding when signed.
• Decedent: A deceased person.
• Dependent: A person dependent for support upon another.
• foreign: when applied to a corporation * * * means a corporation * * * which is not domestic. See 26 CFR 36.3121(l)(1)-1
• Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
• Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
• Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
• Public law: A public bill or joint resolution that has passed both chambers and been enacted into law. Public laws have general applicability nationwide.
• Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.