§ 60101 Definitions

Terms Used In U.S. Code > Title 51 > Subtitle VI > Chapter 601 > Subchapter I - General

  • 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.
  • Contract: A legal written agreement that becomes binding when signed.