CFR > Title 49 > Subtitle A > Part 23 > Subpart A – General
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Terms Used In CFR > Title 49 > Subtitle A > Part 23 > Subpart A - General
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.