CFR > Title 6 > Chapter I > Part 115 > Subpart B > Audits and Compliance
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| § 115.193 | Audits of standards |
Terms Used In CFR > Title 6 > Chapter I > Part 115 > Subpart B > Audits and Compliance
- Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Contract: A legal written agreement that becomes binding when signed.