CFR > Title 31 > Subtitle B > Chapter X > Part 1026 > Subpart A – Definitions
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| § 1026.100 | Definitions |
Terms Used In CFR > Title 31 > Subtitle B > Chapter X > Part 1026 > Subpart A - Definitions
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Contract: A legal written agreement that becomes binding when signed.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.