29 CFR Part 505 – Labor Standards On Projects or Productions Assisted by Grants From the National Endowments for the Arts and Humanities
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Terms Used In 29 CFR Part 505 - Labor Standards On Projects or Productions Assisted by Grants From the National Endowments for the Arts and Humanities
- Contract: A legal written agreement that becomes binding when signed.
- Escrow: Money given to a third party to be held for payment until certain conditions are met.
- 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.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- 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.