§ 344.4 What are Time Deposit securities?
§ 344.5 What other provisions apply to subscriptions for Time Deposit securities?
§ 344.6 How do I redeem a Time Deposit security before maturity?

Terms Used In CFR > Title 31 > Subtitle B > Chapter II > Subchapter A > Part 344 > Subpart B

  • Contract: A legal written agreement that becomes binding when signed.
  • 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
  • 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
  • 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