Terms Used In U.S. Code > Title 33 > Chapter 3 - Navigation Rules for Harbors, Rivers, and Inland Waters Generally
Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
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.
individual: shall include every infant member of the species homo sapiens who is born alive at any stage of development. See 1 USC 8
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.
officer: includes any person authorized by law to perform the duties of the office. See 1 USC 1
Service of process: The service of writs or summonses to the appropriate party.
Statute: A law passed by a legislature.
vessel: includes every description of watercraft or other artificial contrivance used, or capable of being used, as a means of transportation on water. See 1 USC 3