§ 5871 Transitional provisions
§ 5872 Transfer of personnel
§ 5873 Director of Office of Management and Budget; power to make dispositions
§ 5874 Definitions
§ 5875 Authorization of appropriations
§ 5876 Comptroller General audit
§ 5877 Reports to President for submission to Congress
§ 5878 Information to Congressional committees
§ 5878a Funding and encouragement of small business; information for inclusion in report
§ 5879 Transfer of funds

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Terms Used In U.S. Code > Title 42 > Chapter 73 > Subchapter III - Miscellaneous and Transitional Provisions

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • 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.
  • functions: shall be deemed to include references to duty, obligation, power, authority, responsibility, right, privilege, and activity, or the plural thereof, as the case may be. See 42 USC 5874
  • 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.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
  • 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.
  • officer: includes any person authorized by law to perform the duties of the office. See 1 USC 1
  • performance: when used in relation to functions, shall be deemed to include the exercise of power, authority, rights, and privileges. See 42 USC 5874