9 CFR Part 544 – Food Ingredients Permitted
Current as of: 2024 | Check for updates
|
Other versions
§ 544.1 | Use of food ingredients |
Terms Used In 9 CFR Part 544 - Food Ingredients Permitted
- Amortization: Paying off a loan by regular installments.
- 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
- Lien: A claim against real or personal property in satisfaction of a debt.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.