CFR > Title 49 > Subtitle B > Chapter II > Part 268 > Subpart B – Procedures for Financial Assistance
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Terms Used In CFR > Title 49 > Subtitle B > Chapter II > Part 268 > Subpart B - Procedures for Financial Assistance
- Contract: A legal written agreement that becomes binding when signed.
- 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.
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.