CFR > Title 48 > Chapter 9 > Subchapter I > Part 970 > Subpart 970.03 – Improper Business Practices and Personal Conflicts of Interest
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Terms Used In CFR > Title 48 > Chapter 9 > Subchapter I > Part 970 > Subpart 970.03 - Improper Business Practices and Personal Conflicts of Interest
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Baseline: Projection of the receipts, outlays, and other budget amounts that would ensue in the future without any change in existing policy. Baseline projections are used to gauge the extent to which proposed legislation, if enacted into law, would alter current spending and revenue levels.
- Contract: A legal written agreement that becomes binding when signed.
- Fraud: Intentional deception resulting in injury to another.