Glossary of Terms, Acronyms and Definitions
The glossary is your key to decoding acronyms, terms and definitions throughout the site.
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Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970
Establishes the minimum standards—including
an offer of just compensation—for federally funded real
property acquisitions that displace persons.
Unliquidated Financial Obligations
For financial reports prepared on a cash basis, financial obligations incurred by the non-Federal entity that have not been paid (liquidated). For reports prepared on an accrual expenditure basis, these are financial obligations incurred by the non-Federal entity for which an expenditure has not been recorded.
The amount of funds under a Federal award that the non-Federal entity has not obligated. The amount is computed by subtracting the cumulative amount of the non-Federal entity's unliquidated financial obligations and expenditures of funds under the Federal award from the cumulative amount of the funds that the Federal awarding agency or pass-through entity authorized the non-Federal entity to obligate.
Any portion of funds remaining after the final reimbursement is made on a grant and the grant is closed.
The "Useful Life" is a critical element of the Project Statement which describes period during which describes the total number of years and months during which federally funded facilities, equipment and capital improvements are capable of fulfilling their intended purpose with adequate, routine maintenance.
Any person navigating the TRACS website.
User Management Module
The User Management module involves the process of group and role assignments, deactivating user accounts; tracking users and their respective Access authorizations; and managing these functions. Organization administrator(s) grant permissions directly to users, manage role and group permission assignments for their organization. Users who cannot view or perform certain functions were not granted the permissions to do so by the organization administrator.
Userful Life Narrative
The total number of years and months during which federally funded facilities, equipment and capital improvements are capable of fulfilling their intended purpose with adequate, routine maintenance.
U.S. Fish and Wildlife Service.