Illinois Compiled Statutes > 30 ILCS 500 > Article 50 – Procurement Ethics and Disclosure
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Terms Used In Illinois Compiled Statutes > 30 ILCS 500 > Article 50 - Procurement Ethics and Disclosure
- 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.
- Oversight: Committee review of the activities of a Federal agency or program.