Terms Used In CFR > Title 31 > Subtitle B > Chapter X > Part 1030 > Subpart D - Records Required to Be Maintained by Housing Government Sponsored Enterprises

• Contract: A legal written agreement that becomes binding when signed.
• Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.