Terms Used In U.S. Code > Title 16 > Chapter 90 > Subchapter III
Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
Bequest: Property gifted by will.
Contract: A legal written agreement that becomes binding when signed.
county: includes a parish, or any other equivalent subdivision of a State or Territory of the United States. See 1 USC 2
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.
Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
Oversight: Committee review of the activities of a Federal agency or program.
Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
Statute: A law passed by a legislature.
Trustee: A person or institution holding and administering property in trust.