§ 222.7400 Scope of subpart
§ 222.7401 Definition
§ 222.7402 Policy
§ 222.7403 Applicability
§ 222.7404 Waiver
§ 222.7405 Contract clause

Terms Used In CFR > Title 48 > Chapter 2 > Subchapter D > Part 222 > Subpart 222.74 - Restrictions On the Use of Mandatory Arbitration Agreements

  • 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.
  • Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.