CFR > Title 45 > Subtitle B > Chapter XIII > Subchapter C > Part 1321 > Subpart A – Introduction
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| § 1321.1 | Basis and purpose of this part |
| § 1321.3 | Definitions |
| § 1321.5 | Applicability of other regulations |
Terms Used In CFR > Title 45 > Subtitle B > Chapter XIII > Subchapter C > Part 1321 > Subpart A - Introduction
- Amortization: Paying off a loan by regular installments.
- 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.
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.