CFR > Title 26 > Chapter I > Subchapter A > Part 1 > Empowerment Zone Employment Credit
Current as of: 2024 | Check for updates
|
Other versions
| § 1.1396-1 | Qualified zone employees |
| § 1.1397E-1 | Qualified zone academy bonds |
Terms Used In CFR > Title 26 > Chapter I > Subchapter A > Part 1 > Empowerment Zone Employment Credit
- Contract: A legal written agreement that becomes binding when signed.
- Escrow: Money given to a third party to be held for payment until certain conditions are met.
- 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.
- 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.
- 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.