§ 1450.200 General
§ 1450.201 Project area proposal submission requirements
§ 1450.202 Project area selection criteria
§ 1450.203 Eligible persons and legal entities
§ 1450.204 Eligible land
§ 1450.205 Duration of contracts
§ 1450.206 Obligations of participant
§ 1450.207 Conservation plan, forest stewardship plan, or equivalent plan
§ 1450.208 Eligible practices
§ 1450.209 Signup
§ 1450.210 Acceptability of offers
§ 1450.211 BCAP contract
§ 1450.212 Establishment payments
§ 1450.213 Levels and rates for establishment payments
§ 1450.214 Annual payments
§ 1450.215 Transfer of land

Terms Used In CFR > Title 7 > Subtitle B > Chapter XIV > Subchapter B > Part 1450 > Subpart C - Establishment Payments and Annual Payments

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Amortization: Paying off a loan by regular installments.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Contract: A legal written agreement that becomes binding when signed.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Dependent: A person dependent for support upon another.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Statute: A law passed by a legislature.