Washington Code > Chapter 28B.142 – Local borrowing authority — Research universities
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Washington Code > Chapter 28B.142 - Local borrowing authority -- Research universities
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
- Personal property: All property that is not real property.