California Codes > Education Code > Title 2 > Division 3 > Part 24 > Chapter 5 > Article 16 – Allowances for Severance Aid
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In California Codes > Education Code > Title 2 > Division 3 > Part 24 > Chapter 5 > Article 16 - Allowances for Severance Aid
- Contract: A legal written agreement that becomes binding when signed.
- Escrow: Money given to a third party to be held for payment until certain conditions are met.
- Executive session: A portion of the Senate's daily session in which it considers executive business.
- 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.
- Lien: A claim against real or personal property in satisfaction of a debt.
- property: includes property real and personal. See California Civil Code 14
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.