CFR > Title 2 > Subtitle B > Chapter XXIV > Part 2424 > Subpart D – Responsibilities of Federal Agency Officials Regarding Transactions
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| § 2424.437 | What method do I use to communicate to a participant the requirements described in the OMB guidance at 2 CFR 180.435? |
Terms Used In CFR > Title 2 > Subtitle B > Chapter XXIV > Part 2424 > Subpart D - Responsibilities of Federal Agency Officials Regarding Transactions
- Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
- Contract: A legal written agreement that becomes binding when signed.
- Donor: The person who makes a gift.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- 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.