CFR > Title 34 > Subtitle B > Chapter II > Part 280 > Subpart E – What Conditions Must Be Met by a Grantee?
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| § 280.40 | What costs are allowable? |
| § 280.41 | What are the limitations on allowable costs? |
Terms Used In CFR > Title 34 > Subtitle B > Chapter II > Part 280 > Subpart E - What Conditions Must Be Met by a Grantee?
- 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.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- 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.