Oregon Statutes > Chapter 238A > General Provisions
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§ 238A.005 | Definitions |
§ 238A.010 | Computation of hours of service |
Terms Used In Oregon Statutes > Chapter 238A > General Provisions
- Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
- Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
- local government: means all cities, counties and local service districts located in this state, and all administrative subdivisions of those cities, counties and local service districts. See Oregon Statutes 174.116
- United States: includes territories, outlying possessions and the District of Columbia. See Oregon Statutes 174.100