CFR > Title 7 > Subtitle B > Chapter I > Subchapter C > Part 51 > Subpart BB > Grades
Current as of: 2024 | Check for updates
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Other versions
| § 51.2646 | U.S. No. 1 |
| § 51.2647 | U.S. Commercial |
Terms Used In CFR > Title 7 > Subtitle B > Chapter I > Subchapter C > Part 51 > Subpart BB > Grades
- Entitlement: A Federal program or provision of law that requires payments to any person or unit of government that meets the eligibility criteria established by law. Entitlements constitute a binding obligation on the part of the Federal Government, and eligible recipients have legal recourse if the obligation is not fulfilled. Social Security and veterans' compensation and pensions are examples of entitlement programs.
- Grade: means a class or rank of quality. See 7 CFR 51.2
- 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.