Subpart A General
Subpart C How Does One Apply for an Award?
Subpart D How Does the Secretary Make an Award?

Terms Used In 34 CFR Part 396 - Training of Interpreters for Individuals Who Are Deaf or Hard of Hearing and Individuals Who Are Deaf-Blind

  • Civil forfeiture: The loss of ownership of property used to conduct illegal activity.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • 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.