CFR > Title 13 > Chapter I > Part 108 > Subpart I > Structuring NMVC Company’s Financing of Eligible Small Businesses
Current as of: 2024 | Check for updates
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Other versions
§ 108.800 | Financings in the form of equity interests |
§ 108.820 | Financings in the form of guarantees |
§ 108.825 | Purchasing securities from an underwriter or other third party |
Terms Used In CFR > Title 13 > Chapter I > Part 108 > Subpart I > Structuring NMVC Company's Financing of Eligible Small Businesses
- Allegation: something that someone says happened.
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- 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.
- Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
- Lien: A claim against real or personal property in satisfaction of a debt.
- 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.
- Recourse: An arrangement in which a bank retains, in form or in substance, any credit risk directly or indirectly associated with an asset it has sold (in accordance with generally accepted accounting principles) that exceeds a pro rata share of the bank's claim on the asset. If a bank has no claim on an asset it has sold, then the retention of any credit risk is recourse. Source: FDIC
- Statute: A law passed by a legislature.
- Testimony: Evidence presented orally by witnesses during trials or before grand juries.
- Transcript: A written, word-for-word record of what was said, either in a proceeding such as a trial or during some other conversation, as in a transcript of a hearing or oral deposition.
- Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.
- you: as used in this part 108 means a NMVC Company unless otherwise noted. See 13 CFR 108.40