CFR > Title 48 > Chapter 2 > Subchapter D > Part 225 > Subpart 225.73 – Acquisitions for Foreign Military Sales
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Terms Used In CFR > Title 48 > Chapter 2 > Subchapter D > Part 225 > Subpart 225.73 - Acquisitions for Foreign Military Sales
- Contract: A legal written agreement that becomes binding when signed.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.