Part 202 Depositaries and Financial Agents of the Federal Government
Part 203 Payment of Federal Taxes and the Treasury Tax and Loan Program
Part 205 Rules and Procedures for Efficient Federal-State Funds Transfers
Part 206 Management of Federal Agency Receipts, Disbursements, and Operation of the Cash Management Improvements Fund
Part 208 Management of Federal Agency Disbursements
Part 210 Federal Government Participation in the Automated Clearing House
Part 211 Delivery of Checks and Warrants to Addresses Outside the United States, Its Territories and Possessions
Part 212 Garnishment of Accounts Containing Federal Benefit Payments
Part 215 Withholding of District of Columbia, State, City and County Income or Employment Taxes by Federal Agencies
Part 223 Surety Companies Doing Business With the United States
Part 224 Federal Process Agents of Surety Corporations
Part 225 Acceptance of Bonds Secured by Government Obligations in Lieu of Bonds With Sureties
Part 226 Recognition of Insurance Covering Treasury Tax and Loan Depositaries
Part 235 Issuance of Settlement Checks for Forged Checks Drawn On Designated Depositaries
Part 245 Claims On Account of Treasury Checks
Part 248 Issue of Substitutes of Lost, Stolen, Destroyed, Mutilated and Defaced Checks of the United States Drawn On Accounts Maintained in Depositary Banks in Foreign Countries or United States Territories or Possessions
Part 250 Payment On Account of Awards of the Foreign Claims Settlement Commission of the United States
Part 256 Obtaining Payments From the Judgment Fund and Under Private Relief Bills
Part 281 Foreign Exchange Operations
Part 285 Debt Collection Authorities Under the Debt Collection Improvement Act of 1996
Part 306 General Regulations Governing U.S. Securities
Part 308 General Regulations Governing Full-Paid Interim Certificates
Part 309 Issue and Sale of Treasury Bills
Part 312 Federal Savings and Loan Associations and Federal Credit Unions as Fiscal Agents of the United States
Part 315 Regulations Governing U.S. Savings Bonds, Series A, B, C, D, E, F, G, H, J, and K, and U.S. Savings Notes
Part 316 Offering of United States Savings Bonds, Series E
Part 321 Payments by Banks and Other Financial Institutions of Definitive United States Savings Bonds and United States Savings Notes (Freedom Shares)
Part 323 Disclosure of Records
Part 328 Restrictive Endorsements of U.S. Bearer Securities
Part 330 Regulations Governing Payment Under Special Endorsement of United States Savings Bonds and United States Savings Notes (Freedom Shares)
Part 332 Offering of United States Savings Bonds, Series H
Part 337 Supplemental Regulations Governing Federal Housing Administration Debentures
Part 339 Exchange Offering of United States Savings Bonds, Series H
Part 340 Regulations Governing the Sale of Treasury Bonds Through Competitive Bidding
Part 341 Regulations Governing United States Retirement Plan Bonds
Part 342 Offering of United States Savings Notes
Part 343 Regulations Governing the Offering of United States Mortgage Guaranty Insurance Company Tax and Loss Bonds
Part 344 U.S. Treasury Securities-State and Local Government Series
Part 345 Regulations Governing 5 Percent Treasury Certificates of Indebtedness-R.E.a. Series
Part 346 Regulations Governing United States Individual Retirement Bonds
Part 347 Regulations Governing Retirement Savings Bonds
Part 348 Regulations Governing Depositary Compensation Securities
Part 351 Offering of United States Savings Bonds, Series Ee
Part 352 Offering of United States Savings Bonds, Series Hh
Part 353 Regulations Governing Definitive United States Savings Bonds, Series Ee and Hh
Part 354 Regulations Governing Book-Entry Securities of the Student Loan Marketing Association (Sallie Mae)
Part 355 Regulations Governing Fiscal Agency Checks
Part 356 Sale and Issue of Marketable Book-Entry Treasury Bills, Notes, and Bonds (Department of the Treasury Circular, Fiscal Service Series No. 1-93)
Part 357 Regulations Governing Book-Entry Treasury Bonds, Notes and Bills Held in Treasury/reserve Automated Debt Entry System (Trades) and Legacy Treasury Direct
Part 359 Offering of United States Savings Bonds, Series I
Part 360 Regulations Governing Definitive United States Savings Bonds, Series I
Part 361 Claims Pursuant to the Government Losses in Shipment Act
Part 362 Declaration of Valuables Under the Government Losses in Shipment Act
Part 363 Regulations Governing Securities Held in Treasurydirect
Part 370 Electronic Transactions and Funds Transfers Relating to United States Securities
Part 375 Marketable Treasury Securities Redemption Operations
Part 380 Collateral Acceptability and Valuation
Part 391 Waiver of Interest, Administrative Costs, and Penalties

Terms Used In CFR > Title 31 > Subtitle B > Chapter II > Subchapter A

  • Acceptance: means the act of an authorized representative of the Government by which the Government, for itself or as agent of another, assumes ownership of existing identified supplies tendered or approves specific services rendered as partial or complete performance of the contract. See 48 CFR 46.101
  • Account: means a TreasuryDirect31 CFR 363.6
  • Accrued benefit cost method: See 9904. See 48 CFR 9903.301
  • Accumulating costs: See 9904. See 48 CFR 9903.301
  • Actual cash value: See 9904. See 48 CFR 9903.301
  • Actual cost: See 9904. See 48 CFR 9903.301
  • Actual costs: means (except for subpart 31. See 48 CFR 31.001
  • Actuarial accrued liability: means pension cost attributable, under the actuarial cost method in use, to years prior to the current period considered by a particular actuarial valuation. See 48 CFR 31.001
  • Actuarial assumption: See 9904. See 48 CFR 9903.301
  • Actuarial cost method: means a technique which uses actuarial assumptions to measure the present value of future pension benefits and pension plan administrative expenses, and that assigns the cost of such benefits and expenses to cost accounting periods. See 48 CFR 31.001
  • Actuarial cost method: See 9904. See 48 CFR 9903.301
  • Actuarial gain and loss: See 9904. See 48 CFR 9903.301
  • Actuarial liability: See 9904. See 48 CFR 9903.301
  • Actuarial valuation: means the determination, as of a specified date, of the normal cost, actuarial accrued liability, actuarial value of the assets of a pension plan, and other relevant values for the pension plan. See 48 CFR 31.001
  • Actuarial valuation: See 9904. See 48 CFR 9903.301
  • 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
  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Agency: means each of the executive agencies and military departments (as defined in 5 U. See 31 CFR 215.2
  • Agency: means any executive department, military department, Government corporation, Government controlled corporation, or other establishment in the executive branch of the government, or any independent regulatory agency, but does not include:

    (1) The General Accounting Office. See 5 CFR 1320.3

  • Agency: means the Department of Commerce. See 15 CFR 8c.3
  • Allegation: something that someone says happened.
  • Allocate: See 9904. See 48 CFR 9903.301
  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Amortization: Paying off a loan by regular installments.
  • announcement: as used in this part mean the Public Notice of Invitation to Bid on Treasury bonds and any supplementary or amendatory notices or announcements with respect thereto, including, but not limited to any statement released to the press by the Secretary of the Treasury and notices sent to those who have filed notices of intent to bid or who have filed bids. See 31 CFR 340.0
  • Annual percentage rate: The cost of credit at a yearly rate. It is calculated in a standard way, taking the average compound interest rate over the term of the loan so borrowers can compare loans. Lenders are required by law to disclose a card account's APR. Source: FDIC
  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Answer: The formal written statement by a defendant responding to a civil complaint and setting forth the grounds for defense.
  • Appeal: means the formal procedure initiated at the request of the Respondent for review of a determination resulting from the adjudication and for affirming, overturning, or modifying it. See 14 CFR 1275.101
  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Appellate: About appeals; an appellate court has the power to review the judgement of another lower court or tribunal.
  • Applied research: means the effort that (a) normally follows basic research, but may not be severable from the related basic research. See 48 CFR 35.001
  • 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
  • Asset accountability unit: See 9904. See 48 CFR 9903.301
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Assistant Attorney General: means the Assistant Attorney General, Civil Rights Division, United States Department of Justice. See 5 CFR 1207.103
  • Assistant Attorney General: means the Assistant Attorney General, Civil Rights Division, United States Department of Justice. See 15 CFR 8c.3
  • Assistant Secretary: means the Assistant Secretary of Labor for Labor-Management Relations. See 5 CFR 2421.2
  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • Attorney-in-fact: A person who, acting as an agent, is given written authorization by another person to transact business for him (her) out of court.
  • Authentication: means confirming that the person accessing a TreasuryDirect account is the same person whose identity was initially verified at account establishment. See 31 CFR 363.6
  • Auto-IRA: means an individual retirement account for or opened on behalf of a participant in a state retirement savings program (whether or not the program provides for automatic enrollment). See 31 CFR 347.3
  • Auto-IRA custodian: means an entity designated by a state (including, for the purpose of these regulations, political subdivisions of states) to act as the trustee or custodian for Auto-IRAs, in the form of Roth IRAs or traditional IRAs, for or opened on behalf of participants in a state Auto-IRA program. See 31 CFR 347.3
  • Auxiliary aids: means services or devices that enable persons with impaired sensory, manual, or speaking skills to have an equal opportunity to participate in, and enjoy the benefits of, programs or activities conducted by the agency. See 5 CFR 1207.103
  • Auxiliary aids: means services or devices that enable persons with impaired sensory, manual, or speaking skills to have an equal opportunity to participate in, and enjoy the benefits of, programs or activities conducted by the agency. See 15 CFR 8c.3
  • 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: refers to the second individual named in the registration of a security held in definitive form registered "John Doe SSN 123-45-6789 POD (payable on death to) Joseph Doe. See 31 CFR 351.3
  • 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
  • Beneficiary: refers to the second individual named in the registration of a security held in definitive form registered "John Doe SSN 123-45-6789 POD (payable on death to) Joseph Doe. See 31 CFR 359.3
  • Beneficiary: refers to the second individual named in the registration of a definitive savings bond, a converted definitive savings bond, or a book-entry security purchased through the TreasuryDirect system, registered, e. See 31 CFR 363.6
  • Bid: means any response to a solicitation, including a proposal under a negotiated acquisition. See 48 CFR 28.001
  • Bidder: means any entity that is responding or has responded to a solicitation, including an offeror under a negotiated acquisition. See 48 CFR 28.001
  • Bill of lading: means a transportation document, used as a receipt of goods, as documentary evidence of title, for clearing customs, and generally used as a contract of carriage. See 48 CFR 47.001
  • Bond: means a written instrument executed by a bidder or contractor (the "principal"), and a second party ("the surety" or "sureties") (except as provided in 28. See 48 CFR 28.001
  • Book-entry bond: means a Series EE savings bond maintained by Treasury solely as a computer record. See 31 CFR 351.3
  • Book-entry bond: means a savings bond maintained by Treasury in electronic or paperless form as a computer record. See 31 CFR 353.2
  • Book-entry bond: means a Series I savings bonds maintained by Treasury solely as a computer record. See 31 CFR 359.3
  • Book-entry bond: means a savings bond maintained by Treasury in electronic or paperless form as a computer record. See 31 CFR 360.2
  • Book-entry security: means a Treasury security maintained by us in electronic or paperless form as a computer record. See 31 CFR 363.6
  • Burden: means the total time, effort, or financial resources expended by persons to generate, maintain, retain, or disclose or provide information to or for a Federal agency, including:

    (i) Reviewing instructions. See 5 CFR 1320.3

  • Business day: means any day that funds may be settled through ACH. See 31 CFR 363.6
  • Business unit: See 9904. See 48 CFR 9903.301
  • Caribbean Basin country: means any of the following countries: Antigua and Barbuda, Aruba, Bahamas, Barbados, Belize, Bonaire, British Virgin Islands, Curacao, Dominica, Grenada, Guyana, Haiti, Jamaica, Montserrat, Saba, St. See 48 CFR 25.003
  • Category of material: See 9904. See 48 CFR 9903.301
  • Chambers: A judge's office.
  • City: means any unit of general local government. See 31 CFR 215.2
  • claim: as used in this part refers to an amount of money or property that has been determined to be owed to the Bureau of the Fiscal Service from any person, organization, or entity, except another Federal agency. See 31 CFR 391.0
  • Clerk of court: An officer appointed by the court to work with the chief judge in overseeing the court's administration, especially to assist in managing the flow of cases through the court and to maintain court records.
  • Closed book period: means a period of four business days prior to the date a scheduled marketable security interest and/or maturity payment is made, during which time certain transactions will be delayed until after the closed book period is completed. See 31 CFR 363.6
  • Collection of information: includes any requirement or request for persons to obtain, maintain, retain, report, or publicly disclose information. See 5 CFR 1320.3
  • Commercial book-entry system: refers to the book-entry system in which you hold your Treasury securities in a tiered system through securities intermediaries such as financial institutions or brokerage firms. See 31 CFR 363.6
  • Common carrier: means a person holding itself out to the general public to provide transportation for compensation. See 48 CFR 47.001
  • Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
  • Compensated personal absence: See 9904. See 48 CFR 9903.301
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Complete complaint: means a written statement that contains the complainant's name and address and describes the agency's alleged discriminatory action in sufficient detail to inform the agency of the nature and date of the alleged violation of section 504. See 5 CFR 1207.103
  • Complete complaint: means a written statement that contains the complainant's name and address and describes the agency's alleged discriminatory action in sufficient detail to inform the agency of the nature and date of the alleged violation of section 504. See 15 CFR 8c.3
  • Component: means an article, material, or supply incorporated directly into an end product or construction material. See 48 CFR 25.003
  • Composite annual rate: means an annual interest rate that combines an annual fixed rate of return and a semiannual inflation rate. See 31 CFR 359.3
  • Conduct or Sponsor: A Federal agency is considered to "conduct or sponsor" a collection of information if the agency collects the information, causes another agency to collect the information, contracts or enters into a cooperative agreement with a person to collect the information, or requires a person to provide information to another person, or in similar ways causes another agency, contractor, partner in a cooperative agreement, or person to obtain, solicit, or require the disclosure to third parties or the public of information by or for an agency. See 5 CFR 1320.3
  • Construction material: means an article, material, or supply brought to the construction site by a contractor or subcontractor for incorporation into the building or work. See 48 CFR 25.003
  • Contact point: means the individual designated to receive referrals from the Bureau of the Fiscal Service, as provided for in this section, by the Federal investigative agency, United States Attorney's Office, or forfeiting agency specified in Fiscal Service Form 1522. See 31 CFR 353.24
  • Contact point: means the individual designated to receive referrals from the Bureau of the Fiscal Service, as provided for in this section, by the Federal investigative agency, United States Attorney's Office, or forfeiting agency specified in Fiscal Service Form 1522. See 31 CFR 360.24
  • Continuance: Putting off of a hearing ot trial until a later time.
  • Contract: A legal written agreement that becomes binding when signed.
  • Contract carrier: means a person providing transportation for compensation under continuing agreements with one person or a limited number of persons. See 48 CFR 47.001
  • Converted savings bond: means a savings bond originally issued as a definitive bond that has been surrendered to us and converted to a book-entry savings bond to be maintained by Treasury solely as a computer record. See 31 CFR 363.6
  • Coowner: means either the first or the second individual named in the registration of a definitive Series EE savings bond registered "John Doe SSN 123-45-6789 or Joseph Doe. See 31 CFR 351.3
  • Coowner: means either the first or the second individual named in the registration of a definitive Series I savings bonds registered "John Doe SSN 123-45-6789 or Joseph Doe. See 31 CFR 359.3
  • Coowner: means either of the persons named in the registration of a definitive or a converted definitive savings bond, registered, e. See 31 CFR 363.6
  • Cost accounting practice: See 9903. See 48 CFR 9903.301
  • Cost input: See 9904. See 48 CFR 9903.301
  • Cost objective: means (except for subpart 31. See 48 CFR 31.001
  • Cost objective: See 9904. See 48 CFR 9903.301
  • Cost of capital committed to facilities: See 9904. See 48 CFR 9903.301
  • Counterclaim: A claim that a defendant makes against a plaintiff.
  • County: means any unit of local general Government which is classified as a county by the Bureau of the Census and within the political boundaries of which 500 or more persons are regularly employed by all agencies of the Federal Government. See 31 CFR 215.2
  • County income or employment taxes: means any form of tax for which, under a county ordinance:

    (1) Collection is provided by imposing on employers generally the duty of withholding sums from the pay of employees and making returns of the sums to a designated county officer, department, or instrumentality. See 31 CFR 215.2

  • Court: means a court of law with jurisdiction over the parties and the subject matter. See 31 CFR 363.6
  • Credit report: A detailed report of an individual's credit history prepared by a credit bureau and used by a lender in determining a loan applicant's creditworthiness. Source: OCC
  • Custodian: means a trustee or custodian of a Roth IRA or traditional IRA. See 31 CFR 347.3
  • Customary contract financing: means that financing deemed by an agency to be available for routine use by contracting officers. See 48 CFR 32.001
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Days: means calendar days, unless otherwise stated. See 5 CFR 1207.103
  • De-link: means the online process by which all securities contained within the minor linked account are moved to the minor's primary TreasuryDirect account and the linked account is deactivated. See 31 CFR 363.6
  • Decedent: A deceased person.
  • Decoration: means an order, device, medal, badge, insignia, emblem or award tendered by, or received from, a foreign government. See 22 CFR 3.3
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
  • Deferred compensation: means an award made by an employer to compensate an employee in a future cost accounting period or periods for services rendered in one or more cost accounting periods before the date of the receipt of compensation by the employee. See 48 CFR 31.001
  • Deferred compensation: See 9904. See 48 CFR 9903.301
  • Defined-benefit pension plan: See 9904. See 48 CFR 9903.301
  • Defined-contribution pension plan: See 9904. See 48 CFR 9903.301
  • Definitive bond: means a Series EE savings bond issued in paper form. See 31 CFR 351.3
  • Definitive bond: means a Series I savings bonds issued in paper form. See 31 CFR 359.3
  • Delivery: means moving a minimum amount of $25 (consisting of principal and proportionate interest) of a security held as a gift from the account of the purchaser to the account of the recipient. See 31 CFR 363.6
  • Delivery payment: means a payment for accepted supplies or services, including payments for accepted partial deliveries. See 48 CFR 32.001
  • Dependent: A person dependent for support upon another.
  • Deposition: An oral statement made before an officer authorized by law to administer oaths. Such statements are often taken to examine potential witnesses, to obtain discovery, or to be used later in trial.
  • Designated billing office: means the office or person (governmental or nongovernmental) designated in the contract where the contractor first submits invoices and contract financing requests. See 48 CFR 32.001
  • Designated payment office: means the office designated in the contract to make invoice payments or contract financing payments. See 48 CFR 32.001
  • Desirable change: means a compliant change to a contractor's established or disclosed cost accounting practices that the CFAO finds is desirable and not detrimental to the Government and is, therefore, not subject to the no increased cost prohibition provisions of CAS-covered contracts and subcontracts affected by the change. See 48 CFR 30.001
  • Direct cost: See 9904. See 48 CFR 9903.301
  • Directly associated cost: See 9904. See 48 CFR 9903.301
  • Director: means the Director of OMB, or his or her designee. See 5 CFR 1320.3
  • Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
  • Dismissal: The dropping of a case by the judge without further consideration or hearing. Source:
  • District of Columbia income tax: means the income tax imposed under 47 District of Columbia Code, chapter 15, subchapter II. See 31 CFR 215.2
  • Docket: A log containing brief entries of court proceedings.
  • Domestic offer: means an offer of a domestic end product. See 48 CFR 25.003
  • Donee: The recipient of a gift.
  • Donor: The person who makes a gift.
  • Due date: means the date on which payment should be made. See 48 CFR 32.001
  • Earned award fee: means the payment of the full amount of an award fee evaluation period's score/rating. See 48 CFR 1816.001
  • Educational institution: See 9903. See 48 CFR 9903.301
  • 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
  • Eligible offer: means an offer of an eligible product. See 48 CFR 25.003
  • Eligible product: means a foreign end product, construction material, or service that, due to applicability of a trade agreement to a particular acquisition, is not subject to discriminatory treatment. See 48 CFR 25.003
  • Embezzlement: In most states, embezzlement is defined as theft/larceny of assets (money or property) by a person in a position of trust or responsibility over those assets. Embezzlement typically occurs in the employment and corporate settings. Source: OCC
  • Employee: means (1) an officer or employee of the Department, AID, IDCA, or USICA, including an expert or consultant, however appointed, and (2) a spouse (unless separated) or a dependent of such a person, as defined in section 152 of the Internal Revenue Code of 1954 (26 U. See 22 CFR 3.3
  • End product: means those articles, materials, and supplies to be acquired for public use. See 48 CFR 25.003
  • 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.
  • Entitlement: See 9904. See 48 CFR 9903.301
  • Entity: means any owner of a TreasuryDirect account that is not an individual. See 31 CFR 363.6
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Escheat: Reversion of real or personal property to the state when 1) a person dies without leaving a will and has no heirs, or 2) when the property (such as a bank account) has been inactive for a certain period of time. Source: OCC
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Estimating costs: See 9904. See 48 CFR 9903.301
  • 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.
  • ex parte communication: means an oral or written communication not on the public record with respect to which reasonable prior notice to all parties is not given, subject however, to the provisions of §§2414. See 5 CFR 2414.3
  • Executive Director: means the Executive Director of the Panel. See 5 CFR 2470.2
  • Executive session: A portion of the Senate's daily session in which it considers executive business.
  • Executor: A male person named in a will to carry out the decedent
  • extended maturity: refer to periods after the original maturity dates of the bonds during which owners may retain them and continue to earn interest. See 31 CFR 351.3
  • Fabrication: means making up data or results and recording or reporting them. See 14 CFR 1275.101
  • Face amount: refers to the nominal amount of a Series EE savings bond. See 31 CFR 351.3
  • Face amount: refers to the amount inscribed on the front of a definitive Series I savings bonds. See 31 CFR 359.3
  • Facilities capital: See 9904. See 48 CFR 9903.301
  • Facility: means all or any portion of buildings, structures, equipment, roads, walks, parking lots, rolling stock or other conveyances, or other real or personal property. See 5 CFR 1207.103
  • Facility: means all or any portion of buildings, structures, equipment, roads, walks, parking lots, rolling stock or other conveyances, or other real or personal property. See 15 CFR 8c.3
  • 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.
  • Falsification: means manipulating research materials, equipment, or processes, or changing or omitting data or results such that the research is not accurately represented in the research record. See 14 CFR 1275.101
  • Federal Deposit Insurance Corporation: A government corporation that insures the deposits of all national and state banks that are members of the Federal Reserve System. Source: OCC
  • Federal Reserve Processing Site: means a Federal Reserve Bank (including any Branch or office thereof, as appropriate) referred to in 31 CFR part 321, to which the paying agent, or institution acting on its behalf, is instructed to transmit redeemed securities for payment pursuant to the Federal Reserve Operating Circular. See 31 CFR 330.1
  • Federal Reserve System: The central bank of the United States. The Fed, as it is commonly called, regulates the U.S. monetary and financial system. The Federal Reserve System is composed of a central governmental agency in Washington, D.C. (the Board of Governors) and twelve regional Federal Reserve Banks in major cities throughout the United States. Source: OCC
  • Fiduciary: means the court-appointed or otherwise qualified person, regardless of title, who is legally authorized to act for another. See 31 CFR 351.3
  • Fiduciary: A trustee, executor, or administrator.
  • Final cost objective: means (except for subparts 31. See 48 CFR 31.001
  • Final cost objective: See 9904. See 48 CFR 9903.301
  • Final maturity: refers to the date that a bond ceases to earn interest. See 31 CFR 351.3
  • 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.
  • Fiscal year: See 9904. See 48 CFR 9903.301
  • Fixed Rate: Having a "fixed" rate means that the APR doesn't change based on fluctuations of some external rate (such as the "Prime Rate"). In other words, a fixed rate is a rate that is not a variable rate. A fixed APR can change over time, in several circumstances:
    • You are late making a payment or commit some other default, triggering an increase to a penalty rate
    • The bank changes the terms of your account and you do not reject the change.
    • The rate expires (if the rate was fixed for only a certain period of time).
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Foreign concern: means any concern other than a domestic concern. See 48 CFR 225.003
  • Foreign end product: means an end product other than a domestic end product. See 48 CFR 25.003
  • Foreign offer: means any offer other than a domestic offer. See 48 CFR 25.003
  • Forfeiting agency: means the federal law enforcement agency responsible for the forfeiture. See 31 CFR 353.24
  • Forfeiting agency: means the federal law enforcement agency responsible for the forfeiture. See 31 CFR 360.24
  • Forfeiture: (i) Administrative forfeiture means the process by which property may be forfeited by a federal agency rather than through judicial proceedings. See 31 CFR 360.24
  • Forgery: The fraudulent signing or alteration of another's name to an instrument such as a deed, mortgage, or check. The intent of the forgery is to deceive or defraud. Source: OCC
  • Fraud: Intentional deception resulting in injury to another.
  • Freedom of Information Act: A federal law that mandates that all the records created and kept by federal agencies in the executive branch of government must be open for public inspection and copying. The only exceptions are those records that fall into one of nine exempted categories listed in the statute. Source: OCC
  • Funding agency: See 9904. See 48 CFR 9903.301
  • Garnishment: Generally, garnishment is a court proceeding in which a creditor asks a court to order a third party who owes money to the debtor or otherwise holds assets belonging to the debtor to turn over to the creditor any of the debtor
  • General Counsel: means the General Counsel of the Authority. See 5 CFR 2421.2
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Gift: means a Treasury security purchased for or transferred to an intended recipient, without consideration. See 31 CFR 363.6
  • Gift: means a tangible or intangible present (other than a decoration) tendered by, or received from, a foreign government. See 22 CFR 3.3
  • Government property: means all property owned or leased by the Government. See 48 CFR 45.101
  • Grace period: The number of days you'll have to pay your bill for purchases in full without triggering a finance charge. Source: Federal Reserve
  • Grantor: The person who establishes a trust and places property into it.
  • Guarantor: A party who agrees to be responsible for the payment of another party's debts should that party default. Source: OCC
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Has a record of such an impairment: means has a history of, or has been misclassified as having, a mental or physical impairment that substantially limits one or more major life activities. See 5 CFR 1207.103
  • Has a record of such an impairment: means has a history of, or has been misclassified as having, a mental or physical impairment that substantially limits one or more major life activities. See 15 CFR 8c.3
  • hearing: means a factfinding hearing, arbitration hearing, or any other hearing procedure deemed necessary to accomplish the purposes of 5 U. See 5 CFR 2470.2
  • Historic preservation programs: means programs conducted by the agency that have preservation of historic properties as a primary purpose. See 5 CFR 1207.103
  • Historic properties: means those properties that are listed or eligible for listing in the National Register of Historic Places or properties designated as historic under a statute of the appropriate State or local government body. See 5 CFR 1207.103
  • Home office: means an office responsible for directing or managing two or more, but not necessarily all, segments of an organization. See 48 CFR 31.001
  • Home office: See 9904. See 48 CFR 9903.301
  • Immediate-gain actuarial cost method: See 9904. See 48 CFR 9903.301
  • impasse: means that point in the negotiation of conditions of employment at which the parties are unable to reach agreement, notwithstanding their efforts to do so by direct negotiations and by the use of mediation or other voluntary arrangements for settlement. See 5 CFR 2470.2
  • Incompetent: means an individual who is incapable of handling his or her business affairs because of a legal, mental or medical disability, except that a minor is not an incompetent solely because of age. See 31 CFR 353.2
  • Incompetent: means an individual who is incapable of handling his or her business affairs because of a legal, mental or medical disability, except that a minor is not an incompetent solely because of age. See 31 CFR 360.2
  • incompetent person: means an individual who has been declared by a court to be legally incompetent, incapacitated, or otherwise unable to manage his or her financial affairs. See 31 CFR 363.6
  • Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC
  • Independent regulatory agency: means the Board of Governors of the Federal Reserve System, the Commodity Futures Trading Commission, the Consumer Product Safety Commission, the Federal Communications Commission, the Federal Deposit Insurance Corporation, the Federal Energy Regulatory Commission, the Federal Housing Finance Board, the Federal Maritime Commission, the Federal Trade Commission, the Interstate Commerce Commission, the Mine Enforcement Safety and Health Review Commission, the National Labor Relations Board, the Nuclear Regulatory Commission, the Occupational Safety and Health Review Commission, the Postal Rate Commission, the Securities and Exchange Commission, and any other similar agency designated by statute as a Federal independent regulatory agency or commission. See 5 CFR 1320.3
  • Indirect cost: See 9904. See 48 CFR 9903.301
  • Indirect cost pool: See 9904. See 48 CFR 9903.301
  • Individual: means a person eligible to have an IRA in Treasury's retirement savings program or in a state Auto-IRA program. See 31 CFR 347.3
  • Individual: means a natural person. See 31 CFR 351.3
  • Individual: means a natural person. See 31 CFR 359.3
  • Individual: means a natural person. See 31 CFR 363.6
  • Individual with a disability: means any person who has a physical or mental impairment that substantially limits one or more major life activities, has a record of such an impairment, or is regarded as having such an impairment. See 5 CFR 1207.103
  • Individual with handicaps: means any person who has a physical or mental impairment that substantially limits one or more major life activities, has a record of such an impairment, or is regarded as having such an impairment. See 15 CFR 8c.3
  • Inflation: means an increase in the CPI-U from one month to another. See 31 CFR 359.3
  • Information: means any statement or estimate of fact or opinion, regardless of form or format, whether in numerical, graphic, or narrative form, and whether oral or maintained on paper, electronic or other media. See 5 CFR 1320.3
  • Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
  • Inquiry: means the assessment of whether an allegation of research misconduct has substance and warrants an investigation. See 14 CFR 1275.101
  • Insurance administration expenses: See 9904. See 48 CFR 9903.301
  • Inter vivos: Transfer of property from one living person to another living person.
  • 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
  • Intermediate cost objective: See 9905. See 48 CFR 9903.301
  • Interrogatories: Written questions asked by one party of an opposing party, who must answer them in writing under oath; a discovery device in a lawsuit.
  • 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
  • IRA: means an individual retirement account. See 31 CFR 347.3
  • IRA custodian: means an entity designated by Fiscal Service to act as a custodian for Roth IRAs opened by or on behalf of participants in Treasury's retirement savings program. See 31 CFR 347.3
  • 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
  • Issuing agent: means an organization that has been qualified under 31 CFR part 317, and any other entity that is otherwise authorized to issue bonds. See 31 CFR 351.3
  • Issuing agent: means an organization that has been qualified under the provisions of Department of the Treasury Circular, Fiscal Service Series No. See 31 CFR 353.2
  • Issuing agent: means an organization that has been qualified under part 317. See 31 CFR 359.3
  • Issuing agent: means an organization that has been qualified under the provisions of Department of the Treasury Circular, Fiscal Service Series No. See 31 CFR 360.2
  • Job: means a homogeneous cluster of work tasks, the completion of which serves an enduring purpose for the organization. See 48 CFR 31.001
  • Joint resolution: A legislative measure which requires the approval of both chambers.
  • Judgement: The official decision of a court finally determining the respective rights and claims of the parties to a suit.
  • 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.
  • Labor cost at standard: See 9904. See 48 CFR 9903.301
  • Labor-rate standard: means a preestablished measure, expressed in monetary terms, of the price of labor. See 48 CFR 31.001
  • Labor-rate standard: See 9904. See 48 CFR 9903.301
  • Labor-time standard: means a preestablished measure, expressed in temporal terms, of the quantity of labor. See 48 CFR 31.001
  • Labor-time standard: See 9904. See 48 CFR 9903.301
  • late charges: as used in this part includes interest, administrative costs, and penalties. See 31 CFR 391.0
  • Lawsuit: A legal action started by a plaintiff against a defendant based on a complaint that the defendant failed to perform a legal duty, resulting in harm to the plaintiff.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Least developed country: means any of the following countries: Afghanistan, Angola, Bangladesh, Benin, Bhutan, Burkina Faso, Burundi, Cambodia, Central African Republic, Chad, Comoros, Democratic Republic of Congo, Djibouti, Equatorial Guinea, Eritrea, Ethiopia, Gambia, Guinea, Guinea-Bissau, Haiti, Kiribati, Laos, Lesotho, Liberia, Madagascar, Malawi, Mali, Mauritania, Mozambique, Nepal, Niger, Rwanda, Samoa, Sao Tome and Principe, Senegal, Sierra Leone, Solomon Islands, Somalia, South Sudan, Tanzania, Timor-Leste, Togo, Tuvalu, Uganda, Vanuatu, Yemen, or Zambia. See 48 CFR 25.003
  • Least developed country end product: means an article that--

    (1) Is wholly the growth, product, or manufacture of a least developed country. See 48 CFR 25.003

  • Legacy: A gift of property made by will.
  • Legally incompetent: means a court has declared an individual to be incapable of handling his or her business affairs. See 31 CFR 363.6
  • Legatee: A beneficiary of a decedent
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Life estate: A property interest limited in duration to the life of the individual holding the interest (life tenant).
  • Linked account: means an account that is a separate account from your primary account, but connected to your primary account. See 31 CFR 363.6
  • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
  • Major life activities: include functions such as caring for one's self, performing manual tasks, walking, seeing, hearing, speaking, breathing, learning, and working. See 5 CFR 1207.103
  • Market research: means a review of existing systems, subsystems, capabilities, and technologies that are available or could be made available to meet the needs of DoD in whole or in part. See 48 CFR 212.001
  • Material cost at standard: See 9904. See 48 CFR 9903.301
  • Material inventory record: See 9904. See 48 CFR 9903.301
  • Material-price standard: means a preestablished measure, expressed in monetary terms, of the price of material. See 48 CFR 31.001
  • Material-price standard: See 9904. See 48 CFR 9903.301
  • Material-quantity standard: means a preestablished measure, expressed in physical terms, of the quantity of material. See 48 CFR 31.001
  • Material-quantity standard: See 9904. See 48 CFR 9903.301
  • Members of the Armed Forces: means (1) individuals in active duty status (as defined in 10 U. See 31 CFR 215.2
  • Minimal value: means retail value in the United States at the time of acceptance of $100 or less, except that on January 1, 1981, and at 3-year intervals thereafter, "minimal value" is to be redefined in regulations prescribed by the Administrator of General Services, in consultation with the Secretary of State, to reflect changes in the consumer price index for the immediately preceding 3-year period. See 22 CFR 3.3
  • Minor: means an individual under the age of 18 years. See 31 CFR 363.6
  • Minor account: means an account that a custodian controls on behalf of a minor, that is linked to the custodian's primary account. See 31 CFR 363.6
  • Misdemeanor: Usually a petty offense, a less serious crime than a felony, punishable by less than a year of confinement.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Moving average cost: See 9904. See 48 CFR 9903.301
  • Multiemployer pension plan: See 9904. See 48 CFR 9903.301
  • 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
  • National Bank: A bank that is subject to the supervision of the Comptroller of the Currency. The Office of the Comptroller of the Currency is a bureau of the U.S. Treasury Department. A national bank can be recognized because it must have "national" or "national association" in its name. Source: OCC
  • National Credit Union Administration: The federal regulatory agency that charters and supervises federal credit unions. (NCUA also administers the National Credit Union Share Insurance Fund, which insures the deposits of federal credit unions.) Source: OCC
  • Noneligible product: means a foreign end product that is not an eligible product. See 48 CFR 25.003
  • Nonqualified pension plan: means any pension plan other than a qualified pension plan as defined in this part. See 48 CFR 31.001
  • Nonqualifying country: means a country other than the United States or a qualifying country. See 48 CFR 225.003
  • Normal cost: means the annual cost attributable, under the actuarial cost method in use, to current and future years as of a particular valuation date excluding any payment in respect of an unfunded actuarial liability. See 48 CFR 31.001
  • Normal cost: See 9904. See 48 CFR 9903.301
  • Oath: A promise to tell the truth.
  • 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.
  • OMB: refers to the Office of Management and Budget. See 5 CFR 1320.3
  • Online: means use of the Internet. See 31 CFR 363.6
  • Operating revenue: See 9904. See 48 CFR 9903.301
  • Oral argument: An opportunity for lawyers to summarize their position before the court and also to answer the judges' questions.
  • Ordinance: means an ordinance, order, resolution, or similar instrument which is duly adopted and approved by a city or county in accordance with the constitution and statutes of the state in which it is located and which has the force of law within such city or county. See 31 CFR 215.2
  • Original bill: A bill which is drafted by a committee. It is introduced by the committee or subcommittee chairman after the committee votes to report it.
  • Original complement of low cost equipment: See 9904. See 48 CFR 9903.301
  • original maturity: refers to the initial maturity period of a bond prior to any extensions of maturity. See 31 CFR 351.3
  • our: refers to the agency, the Bureau of the Fiscal Service. See 31 CFR 351.3
  • our: refers to the agency, the Bureau of the Fiscal Service. See 31 CFR 359.3
  • our: refers to the Bureau of the Fiscal Service. See 31 CFR 363.6
  • Outlays: Outlays are payments made (generally through the issuance of checks or disbursement of cash) to liquidate obligations. Outlays during a fiscal year may be for payment of obligations incurred in prior years or in the same year.
  • Oversight: Committee review of the activities of a Federal agency or program.
  • Panel: means the Federal Service Impasses Panel described in 5 U. See 5 CFR 2470.2
  • Par: means the principal amount of a Series I savings bond. See 31 CFR 359.3
  • Participant: means an individual who has an IRA in Treasury's retirement savings program or in a state Auto-IRA program. See 31 CFR 347.3
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • party: means the agency or the labor organization participating in the negotiation of conditions of employment. See 5 CFR 2470.2
  • Pay-as-you-go cost method: See 9904. See 48 CFR 9903.301
  • Paying agent: means a financial institution that has been qualified under 31 CFR part 321. See 31 CFR 351.3
  • Paying agent: means a financial institution that has been qualified under the provisions of Department of the Treasury Circular No. See 31 CFR 353.2
  • Paying agent: means a financial institution that has been qualified under part 321. See 31 CFR 359.3
  • Paying agent: means a financial institution that has been qualified under the provisions of Department of the Treasury Circular No. See 31 CFR 360.2
  • Payment: means redemption, unless otherwise indicated by context. See 31 CFR 353.2
  • Payment: means redemption, unless otherwise indicated by the context. See 31 CFR 360.2
  • Payroll savings plan: is a method for the purchase of savings bonds using periodic ACH credits from your employer or financial institution to purchase a payroll zero-percent certificate of indebtedness until a sufficient amount of payroll zero-percent certificate of indebtedness is accumulated to enable the purchase of a savings bond in an amount, series, and registration that you previously selected using functionality in your TreasuryDirect account. See 31 CFR 363.6
  • Payroll zero-percent certificate of indebtedness: is a restricted form of the zero-percent certificate of indebtedness that is held separately from the zero-percent certificate of indebtedness and used only for purchases made through the payroll savings plan. See 31 CFR 363.6
  • Penalty: includes the imposition by an agency or court of a fine or other punishment. See 5 CFR 1320.3
  • Pension plan: means a deferred compensation plan established and maintained by one or more employers to provide systematically for the payment of benefits to plan participants after their retirements, provided that the benefits are paid for life or are payable for life at the option of the employees. See 48 CFR 31.001
  • Pension plan: See 9904. See 48 CFR 9903.301
  • Person: means an entity including an individual, trust, estate, corporation, government entity, association, partnership, and any other similar organization. See 31 CFR 351.3
  • Person: means any legal entity including, but without limitation, an individual, corporation (public or private), partnership, unincorporated association, or fiduciary estate. See 31 CFR 353.2
  • Person: means an entity including an individual, trust, estate, corporation, government entity, association, partnership, and any other similar organization. See 31 CFR 359.3
  • Person: means a legal entity including an individual or fiduciary estate. See 31 CFR 360.2
  • Person: means an individual, partnership, association, corporation (including operations of government-owned contractor-operated facilities), business trust, or legal representative, an organized group of individuals, a State, territorial, tribal, or local government or branch thereof, or a political subdivision of a State, territory, tribal, or local government or a branch of a political subdivision. See 5 CFR 1320.3
  • Person: means an individual or an entity. See 31 CFR 363.6
  • Personal property: All property that is not real property.
  • Physical or mental impairment: includes --

    (i) Any physiological disorder or condition, cosmetic disfigurement, or anatomical loss affecting one or more of the following body systems: Neurological; musculoskeletal; special sense organs; respiratory, including speech organs; cardiovascular; reproductive; digestive; genitourinary; hemic and lymphatic; skin; and endocrine; or

    (ii) Any mental or psychological disorder, such as mental retardation, organic brain syndrome, emotional or mental illness, and specific learning disabilities. See 15 CFR 8c.3

  • Plagiarism: means the appropriation of another person's ideas, processes, results, or words without giving appropriate credit. See 14 CFR 1275.101
  • Plaintiff: The person who files the complaint in a civil lawsuit.
  • Pleadings: Written statements of the parties in a civil case of their positions. In the federal courts, the principal pleadings are the complaint and the answer.
  • Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC
  • practical utility: means that actual uses can be demonstrated. See 5 CFR 1320.3
  • Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
  • Presiding officer: A majority-party Senator who presides over the Senate and is charged with maintaining order and decorum, recognizing Members to speak, and interpreting the Senate's rules, practices and precedents.
  • Pricing: See 9904. See 48 CFR 9903.301
  • Primary account: means the account that you establish when you first open your TreasuryDirect account. See 31 CFR 363.6
  • Primary owner: means the first individual named in the registration of a book-entry bond held in New Treasury Direct registered "John Doe SSN 123-45-6789 with Joseph Doe SSN 987-65-4321. See 31 CFR 351.3
  • Primary owner: means the first individual named in the registration of a book-entry bond held in New Treasury Direct registered "John Doe SSN 123-45-6789 with Joseph Doe SSN 987-65-4321. See 31 CFR 359.3
  • Primary owner: means the first person named in the registration of a security held in TreasuryDirect registered, e. See 31 CFR 363.6
  • Principal amount: means the amount of the original investment. See 31 CFR 351.3
  • Principal amount: means the amount of the original investment. See 31 CFR 359.3
  • Principal amount: means the amount of the original investment. See 31 CFR 363.6
  • Pro se: A Latin term meaning "on one's own behalf"; in courts, it refers to persons who present their own cases without lawyers.
  • Probate: Proving a will
  • Production unit: See 9904. See 48 CFR 9903.301
  • Projected average loss: See 9904. See 48 CFR 9903.301
  • Projected benefit cost method: means either--

    (1) Any of the several actuarial cost methods that distribute the estimated total cost of all of the employees' prospective benefits over a period of years, usually their working careers. See 48 CFR 31.001

  • Projected benefit cost method: See 9904. See 48 CFR 9903.301
  • Property: means all tangible property, both real and personal. See 48 CFR 45.101
  • Proposal: means any offer or other submission used as a basis for pricing a contract, contract modification, or termination settlement or for securing payments thereunder. See 48 CFR 31.001
  • Proposal: See 9904. See 48 CFR 9903.301
  • Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.
  • Public debt: Cumulative amounts borrowed by the Treasury Department or the Federal Financing Bank from the public or from another fund or account. The public debt does not include agency debt (amounts borrowed by other agencies of the Federal Government). The total public debt is subject to a statutory limit.
  • Qualified pension plan: means a pension plan comprising a definite written program communicated to and for the exclusive benefit of employees that meets the criteria deemed essential by the Internal Revenue Service as set forth in the Internal Revenue Code for preferential tax treatment regarding contributions, investments, and distributions. See 48 CFR 31.001
  • Qualifying country: means a country with a reciprocal defense procurement memorandum of understanding or international agreement with the United States in which both countries agree to remove barriers to purchases of supplies produced in the other country or services performed by sources of the other country, and the memorandum or agreement complies, where applicable, with the requirements of section 36 of the Arms Export Control Act (22 U. See 48 CFR 225.003
  • Quorum: The number of legislators that must be present to do business.
  • Recipient: means the person to whom a gift is given. See 31 CFR 363.6
  • Recordkeeping requirement: means a requirement imposed by or for an agency on persons to maintain specified records, including a requirement to:

    (1) Retain such records. See 5 CFR 1320.3

  • Redemption of a savings bond: refers to the payment of principal and interest at final maturity, or prior to final maturity at the option of the owner. See 31 CFR 363.6
  • Redemption value: means principal plus accrued interest of a Series EE savings bond, as of the date of potential or actual redemption. See 31 CFR 351.3
  • Redemption value: means principal plus accrued interest of a Series I savings bonds, as of the date of redemption. See 31 CFR 359.3
  • Redemption value: means principal plus accrued interest of a bond, or a portion of the principal plus a proportionate amount of accrued interest on the bond, as of the date of redemption. See 31 CFR 363.6
  • Redemption-exchange: means any authorized redemption of eligible securities for the purpose of applying the proceeds in payment for other securities offered in exchange by the Treasury. See 31 CFR 330.1
  • Registered: means that the name and taxpayer identification number(s) (TIN) of the person(s) named on the security are maintained on our records. See 31 CFR 363.6
  • Registration: means that the names of all persons named on the bond and the taxpayer identification number (TIN) of the owner, first-named coowner, or purchaser of a gift bond are maintained on our records. See 31 CFR 351.3
  • Registration: means that the names of all persons named on the bond and the taxpayer identification number (TIN) of the owner, first-named coowner, or purchaser of a gift bond are maintained on our records. See 31 CFR 353.2
  • Registration: means that the names of all persons named on the bond and the taxpayer identification number (TIN) of the owner, first-named coowner, or purchaser of a gift bond are maintained on our records. See 31 CFR 359.3
  • Registration: means that the names of all persons named on the bond and the taxpayer identification number (TIN) of the owner, first-named coowner, or purchaser of a gift bond are maintained on our records. See 31 CFR 360.2
  • Reinsurance: means a transaction which provides that a surety, for a consideration, agrees to indemnify another surety against loss which the latter may sustain under a bond which it has issued. See 48 CFR 28.001
  • Reinvestment: means using the redemption proceeds of a maturing marketable security to purchase a new marketable security of the same type and term, using the automatic reinvestment option available in TreasuryDirect. See 31 CFR 363.6
  • Reissue: means the cancellation and retirement of a bond and the issuance of a new bond or bonds of the same series, same issue date, and same total face amount. See 31 CFR 353.2
  • Reissue: means the cancellation and retirement of a bond and the issuance of a new bond or bonds of the same series, same issue date, and same total face amount. See 31 CFR 360.2
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Remainderman: One entitled to the remainder of an estate after a particular reserved right or interest, such as a life tenancy, has expired.
  • Remand: When an appellate court sends a case back to a lower court for further proceedings.
  • Reporter: Makes a record of court proceedings and prepares a transcript, and also publishes the court's opinions or decisions (in the courts of appeals).
  • Reporting costs: See 9904. See 48 CFR 9903.301
  • Rescission: The cancellation of budget authority previously provided by Congress. The Impoundment Control Act of 1974 specifies that the President may propose to Congress that funds be rescinded. If both Houses have not approved a rescission proposal (by passing legislation) within 45 days of continuous session, any funds being withheld must be made available for obligation.
  • Residual value: See 9904. See 48 CFR 9903.301
  • Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.
  • Right of survivorship: The ownership rights that result in the acquisition of title to property by reason of having survived other co-owners.
  • Roth IRA: means an individual retirement account defined under 26 U. See 31 CFR 347.3
  • Secondary owner: means the second individual named in the registration of a book-entry bond held in New Treasury Direct registered "John Doe SSN 123-45-6789 with Joseph Doe SSN 987-65-4321. See 31 CFR 351.3
  • Secondary owner: means the second individual named in the registration of a book-entry bond held in New Treasury Direct registered "John Doe SSN 123-45-6789 with Joseph Doe SSN 987-65-4321. See 31 CFR 359.3
  • Secondary owner: means the second person named in the registration of a book-entry security held in TreasuryDirect registered, e. See 31 CFR 363.6
  • Secretary: means Secretary of the Treasury or his designee. See 31 CFR 215.2
  • Secretary: means the Secretary of the Treasury. See 31 CFR 347.3
  • securities: means a savings bond or savings note, as defined in paragraphs (h) and (i) of this section. See 31 CFR 330.1
  • Segment: See 9904. See 48 CFR 9903.301
  • Self-insurance: See 9904. See 48 CFR 9903.301
  • Self-insurance charge: means a cost which represents the projected average loss under a self-insurance plan. See 48 CFR 31.001
  • Self-insurance charge: See 9904. See 48 CFR 9903.301
  • Semiannual inflation rate: means a component of the composite annual rate that is based on the six-month percentage change in the CPI-U. See 31 CFR 359.3
  • Series EE savings bond: is an accrual-type savings bond, offered at a discount, either in definitive (paper) form or in book-entry form, that pays interest on the principal based on rates determined by Treasury. See 31 CFR 351.3
  • Series I savings bond: means a savings bonds, whether definitive or book-entry, that is purchased at par and pays interest based on a formula that incorporates both an annual fixed rate and a semiannual inflation rate. See 31 CFR 359.3
  • Series I savings bond: is a savings bond, issued either in definitive (paper) form or in book-entry form, that accrues interest in accordance with a formula that includes a fixed component and a component indexed to the rate of inflation. See 31 CFR 363.6
  • Service life: means the period of usefulness of a tangible capital asset (or group of assets) to its current owner. See 48 CFR 31.001
  • Service life: See 9904. See 48 CFR 9903.301
  • Service of process: The service of writs or summonses to the appropriate party.
  • 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.
  • Settlement proposal: means a proposal for effecting settlement of a contract terminated in whole or in part, submitted by a contractor or subcontractor in the form, and supported by the data, required by this part. See 48 CFR 49.001
  • Signature guarantee program: means a signature guarantee program established under 17 CFR 240. See 31 CFR 363.6
  • Single owner: means the person named in the registration of a savings bond without a coowner, beneficiary or secondary owner. See 31 CFR 351.3
  • Single owner: means the person named in the registration of a savings bonds without a coowner, beneficiary or secondary owner. See 31 CFR 359.3
  • Single owner: means the individual named in the registration of a book-entry Treasury security or a converted savings bond without a beneficiary, secondary owner, or coowner. See 31 CFR 363.6
  • 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
  • Special endorsement: means a procedure under which a security is redeemed by an agent, qualified under the provisions of this part, for cash or on redemption-exchange (or forwarded for redemption to a TRS Site), utilizing a special stamp placed on the security in lieu of a request for payment signed by the owner. See 31 CFR 330.1
  • Spread-gain actuarial cost method: means any of the several projected benefit actuarial cost methods under which actuarial gains and losses are included as part of the current and future normal costs of the pension plan. See 48 CFR 31.001
  • Standard cost: means any cost computed with the use of preestablished measures. See 48 CFR 31.001
  • Standard cost: See 9904. See 48 CFR 9903.301
  • State: means a State, territory, possession, or commonwealth of the United States, or the District of Columbia. See 31 CFR 215.2
  • State: means any of the 50 states, the District of Columbia, Guam, the Commonwealth of Puerto Rico, the Virgin Islands, American Samoa, the Commonwealth of the Northern Mariana Islands, or certain of their political subdivisions. See 31 CFR 347.3
  • State Auto-IRA program: means a state Auto-IRA retirement savings program. See 31 CFR 347.3
  • State income tax: means any form of tax for which, under a State status:

    (1) Collection is provided, either by imposing on employers generally the duty of withholding sums from the compensation of employees and making returns of such sums to the State or by granting to employers generally the authority to withhold sums from the compensation of employees, if any employee voluntarily elects to have such sums withheld. See 31 CFR 215.2

  • Statute: A law passed by a legislature.
  • Statute of limitations: A law that sets the time within which parties must take action to enforce their rights.
  • Subpoena: A command to a witness to appear and give testimony.
  • Substitute bond: means a bond or book-entry bond issued as a result of a claim or application for relief under subpart F of this part. See 31 CFR 353.2
  • Substitute bond: means a bond or book-entry bond issued as a result of a claim or application for relief under subpart F of this part. See 31 CFR 360.2
  • Summons: Another word for subpoena used by the criminal justice system.
  • Surrender: means the actual receipt of a bond with an appropriate request for payment or reissue by either a Federal Reserve Bank or Branch, the Bureau of the Fiscal Service, or, if a paying agent is authorized to handle the transaction, the actual receipt of the bond and the request for payment by the paying agent. See 31 CFR 353.2
  • Surrender: means the actual receipt of a definitive bond with an appropriate request for payment or reissue by either a Federal Reserve Bank or Branch or the Bureau of the Fiscal Service, or, if a paying agent is authorized to handle the transaction, the actual receipt of the definitive bond and the request for payment by the paying agent. See 31 CFR 360.2
  • Tangible capital asset: means an asset that has physical substance, more than minimal value, and is expected to be held by an enterprise for continued use or possession beyond the current accounting period for the services it yields. See 48 CFR 31.001
  • Tangible capital asset: See 9904. See 48 CFR 9903.301
  • Taxpayer identifying number: means a social security account number or an employer identification number. See 31 CFR 353.2
  • Taxpayer Identifying Number: means a social security account number or an employer identification number. See 31 CFR 360.2
  • ten or more persons: refers to the persons to whom a collection of information is addressed by the agency within any 12-month period, and to any independent entities to which the initial addressee may reasonably be expected to transmit the collection of information during that period, including independent State, territorial, tribal or local entities and separately incorporated subsidiaries or affiliates. See 5 CFR 1320.3
  • Termination of employment gain or loss: means an actuarial gain or loss resulting from the difference between the assumed and actual rates at which pension plan participants separate from employment for reasons other than retirement, disability, or death. See 48 CFR 31.001
  • Testify: Answer questions in court.
  • Testimony: Evidence presented orally by witnesses during trials or before grand juries.
  • Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.
  • 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.
  • Transfer: is a transaction to move a security, or a portion of a security, to or from a TreasuryDirect account. See 31 CFR 363.6
  • Treasury: means the United States Department of the Treasury. See 31 CFR 347.3
  • Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.
  • TRS Site: means a Federal Reserve Bank (including any Branch or office thereof, as appropriate) referred to in 31 CFR part 321, that is authorized to qualify paying agents, provide customer service, and provide other fiscal agency services under the provisions of this part. See 31 CFR 330.1
  • Trust account: A general term that covers all types of accounts in a trust department, such as estates, guardianships, and agencies. Source: OCC
  • Trustee: A person or institution holding and administering property in trust.
  • Trustor: The person who makes or creates a trust. Also known as the grantor or settlor.
  • Truth in Lending Act: The Truth in Lending Act is a federal law that requires lenders to provide standardized information so that borrowers can compare loan terms. In general, lenders must provide information on Source: OCC
  • Unallowable cost: See 9904. See 48 CFR 9903.301
  • Uniform Commercial Code: A set of statutes enacted by the various states to provide consistency among the states' commercial laws. It includes negotiable instruments, sales, stock transfers, trust and warehouse receipts, and bills of lading. Source: OCC
  • United States: means the 50 States, the District of Columbia, and outlying areas. See 48 CFR 25.003
  • Unusual contract financing: means any financing not deemed customary contract financing by the agency. See 48 CFR 32.001
  • Uphold: The decision of an appellate court not to reverse a lower court decision.
  • User fees: Fees charged to users of goods or services provided by the government. In levying or authorizing these fees, the legislature determines whether the revenue should go into the treasury or should be available to the agency providing the goods or services.
  • Variance: means the difference between a preestablished measure and an actual measure. See 48 CFR 31.001
  • Variance: See 9904. See 48 CFR 9903.301
  • Venue: The geographical location in which a case is tried.
  • Verification: means confirming the identity of an online applicant for a TreasuryDirect account at account establishment using an online verification service or offline verification. See 31 CFR 363.6
  • Verification service: means a public or private service that confirms the identity of an online applicant for a TreasuryDirect account at account establishment using information provided by the applicant. See 31 CFR 363.6
  • voluntary arrangements: means any method adopted by the parties for the purpose of assisting them in their resolution of a negotiation dispute which is not inconsistent with the provisions of 5 U. See 5 CFR 2470.2
  • Voluntary guardian: means an individual who is recognized as authorized to act for an incompetent, as provided by §353. See 31 CFR 353.2
  • Voluntary guardian: means an individual who is recognized as authorized to act for an incompetent, as provided by §360. See 31 CFR 360.2
  • Voluntary representative: means the person qualified by the Department of the Treasury to request payment or distribution of a decedent's savings bonds pursuant to §353. See 31 CFR 353.2
  • Voluntary representative: means the person qualified by the Department of the Treasury to request payment or distribution of a decedent's savings bonds pursuant to §360. See 31 CFR 360.2
  • Weighted average cost: means an inventory costing method under which an average unit cost is computed periodically by dividing the sum of the cost of beginning inventory plus the cost of acquisitions by the total number of units included in these two categories. See 48 CFR 31.001
  • Weighted average cost: See 9904. See 48 CFR 9903.301
  • Welfare benefit fund: means a trust or organization which receives and accumulates assets to be used either for the payment of postretirement benefits, or for the purchase of such benefits, provided such accumulated assets form a part of a postretirement benefit plan. See 48 CFR 31.001
  • Writ: A formal written command, issued from the court, requiring the performance of a specific act.
  • WTO GPA country end product: means an article that--

    (1) Is wholly the growth, product, or manufacture of a WTO GPA country. See 48 CFR 25.003

  • your: refers to a SLGS program user or a potential SLGS program user. See 31 CFR 344.1
  • your: refers to an owner of a Series EE savings bond. See 31 CFR 351.3
  • your: refers to an owner of a Series I savings bonds. See 31 CFR 359.3
  • Zero-percent certificate of indebtedness: is a one-day, non-interest-bearing security that automatically matures and is rolled over each day until you request that it be redeemed. See 31 CFR 363.6