CFR > Title 49 > Subtitle B > Chapter III > Subchapter B > Part 375 > Subpart H – Collection of Charges
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In CFR > Title 49 > Subtitle B > Chapter III > Subchapter B > Part 375 > Subpart H - Collection of Charges
- Amortization: Paying off a loan by regular installments.
- Contract: A legal written agreement that becomes binding when signed.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- 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.