CFR > Title 20 > Chapter V > Part 618 > Subpart G – Trade Readjustment Allowances
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Terms Used In CFR > Title 20 > Chapter V > Part 618 > Subpart G - Trade Readjustment Allowances
- Baseline: Projection of the receipts, outlays, and other budget amounts that would ensue in the future without any change in existing policy. Baseline projections are used to gauge the extent to which proposed legislation, if enacted into law, would alter current spending and revenue levels.
- 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.
- Entitlement: A Federal program or provision of law that requires payments to any person or unit of government that meets the eligibility criteria established by law. Entitlements constitute a binding obligation on the part of the Federal Government, and eligible recipients have legal recourse if the obligation is not fulfilled. Social Security and veterans' compensation and pensions are examples of entitlement programs.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.