Terms Used In CFR > Title 20 > Chapter VI > Subchapter A > Part 703 > Subpart E - Issuance of Certificates of Compliance

• Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
• 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.