CFR > Title 34 > Subtitle B > Chapter VI > Part 606 > Subpart B – How Does an Institution Apply for a Grant?
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Terms Used In CFR > Title 34 > Subtitle B > Chapter VI > Part 606 > Subpart B - How Does an Institution Apply for a Grant?
- 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.
- 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.