Terms Used In U.S. Code > Title 38 > Part V > Chapter 76 > Subchapter VII - Education Debt Reduction Program

• association: when used in reference to a corporation, shall be deemed to embrace the words "successors and assigns of such company or association" in like manner as if these last-named words, or words of similar import, were expressed. See 1 USC 5
• Balanced budget: A budget in which receipts equal outlays.
• commerce: means commerce between any State, any Territory, or the District of Columbia, and any place outside thereof. See 21 USC 601
• Concurrent resolution: A legislative measure, designated "S. Con. Res." and numbered consecutively upon introduction, generally employed to address the sentiments of both chambers, to deal with issues or matters affecting both houses, such as a concurrent budget resolution, or to create a temporary joint committee. Concurrent resolutions are not submitted to the President/Governor and thus do not have the force of law.
• Contract: A legal written agreement that becomes binding when signed.
• Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
• firm: means any partnership, association, or other unincorporated business organization. See 21 USC 601
• 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.
• individual: shall include every infant member of the species homo sapiens who is born alive at any stage of development. See 1 USC 8
• label: means a display of written, printed, or graphic matter upon the immediate container (not including package liners) of any article. See 21 USC 601
• labeling: means all labels and other written, printed, or graphic matter (1) upon any article or any of its containers or wrappers, or (2) accompanying such article. See 21 USC 601
• meat food product: means any product capable of use as human food which is made wholly or in part from any meat or other portion of the carcass of any cattle, sheep, swine, or goats, excepting products which contain meat or other portions of such carcasses only in a relatively small proportion or historically have not been considered by consumers as products of the meat food industry, and which are exempted from definition as a meat food product by the Secretary under such conditions as he may prescribe to assure that the meat or other portions of such carcasses contained in such product are not adulterated and that such products are not represented as meat food products. See 21 USC 601
• official inspection legend: means any symbol prescribed by regulations of the Secretary showing that an article was inspected and passed in accordance with this chapter. See 21 USC 601
• official mark: means the official inspection legend or any other symbol prescribed by regulations of the Secretary to identify the status of any article or animal under this chapter. See 21 USC 601
• 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.
• prepared: means slaughtered, canned, salted, rendered, boned, cut up, or otherwise manufactured or processed. See 21 USC 601
• Secretary: means the Secretary of Agriculture of the United States or his delegate. See 21 USC 601
• State: means any State of the United States and the Commonwealth of Puerto Rico. See 21 USC 601
• Territory: means Guam, the Virgin Islands of the United States, American Samoa, and any other territory or possession of the United States, excluding the Canal Zone. See 21 USC 601
• United States: means the States, the District of Columbia, and the Territories of the United States. See 21 USC 601