California Codes > Education Code > Title 2 > Division 4 > Part 28 > Chapter 11 > Article 5 – Pupil Survey of Instruction
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Terms Used In California Codes > Education Code > Title 2 > Division 4 > Part 28 > Chapter 11 > Article 5 - Pupil Survey of Instruction
- Amortization: Paying off a loan by regular installments.
- Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.