2 CFR Part 3603 – Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards
Current as of: 2024 | Check for updates
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Other versions
| § 3603.1 | Adoption of 2 CFR Part 200 |
Terms Used In 2 CFR Part 3603 - Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards
- Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.