Terms Used In 22 CFR Part 64 - Participation by Federal Employees in Cultural Exchange Programs of Foreign Countries

• affected source: as used in this part , is separate and distinct from any other use of that term in EPA regulations such as those implementing title IV of the Act. See 40 CFR 63.2
• Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
• carrier: as used in this part means any person or fund duly authorized to insure workmen's compensation benefits under said Act, or its extensions. See 20 CFR 703.101
• 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.
• Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
• Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
• Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
• 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.