Subpart A General Information
Subpart B Time Deposit Securities
Subpart C Demand Deposit Securities
Subpart D Special Zero Interest Securities

Terms Used In 31 CFR Part 344

  • Adjudication: means the formal procedure for reviewing and evaluating the investigation report and the accompanying evidentiary record and for determining whether to accept the recommended findings and any recommendations for administrative actions resulting from the investigation. See 14 CFR 1275.101
  • Allegation: something that someone says happened.
  • Awardee institution: means any public or private entity or organization (including a Federal, State, or local agency) that is a party to a NASA contract, grant, cooperative agreement, Space Act agreement, or to any other transaction with NASA, whose purpose includes the conduct of research. See 14 CFR 1275.101
  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Contract: A legal written agreement that becomes binding when signed.
  • Electronic funds transfer: The transfer of money between accounts by consumer electronic systems-such as automated teller machines (ATMs) and electronic payment of bills-rather than by check or cash. (Wire transfers, checks, drafts, and paper instruments do not fall into this category.) Source: OCC
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • 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.
  • Fraud: Intentional deception resulting in injury to another.
  • Inquiry: means the assessment of whether an allegation of research misconduct has substance and warrants an investigation. See 14 CFR 1275.101
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Investigation: means the formal development of a factual record and the examination of that record leading to recommended findings on whether research misconduct has occurred, and if the recommended findings are that such conduct has occurred, to include recommendations on appropriate administrative actions. See 14 CFR 1275.101
  • Issuer: refers to the Government body or other entity that issues state or local government bonds described in section 103 of the Internal Revenue Code. See 31 CFR 344.1
  • NASA research: means research wholly or partially funded or supported by NASA involving an awardee institution or a NASA installation. See 14 CFR 1275.101
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • SLGS rate: means the current Treasury borrowing rate, less one basis point, as released daily by Treasury in a SLGS rate table. See 31 CFR 344.1
  • SLGS rate table: means a compilation of SLGS rates available for a given day. See 31 CFR 344.1
  • Trustee: A person or institution holding and administering property in trust.
  • your: refers to a SLGS program user or a potential SLGS program user. See 31 CFR 344.1