Part 401 General Provisions
Part 403 General Pretreatment Regulations for Existing and New Sources of Pollution
Part 405 Dairy Products Processing Point Source Category
Part 406 Grain Mills Point Source Category
Part 407 Canned and Preserved Fruits and Vegetables Processing Point Source Category
Part 408 Canned and Preserved Seafood Processing Point Source Category
Part 409 Sugar Processing Point Source Category
Part 410 Textile Mills Point Source Category
Part 411 Cement Manufacturing Point Source Category
Part 412 Concentrated Animal Feeding Operations (Cafo) Point Source Category
Part 413 Electroplating Point Source Category
Part 414 Organic Chemicals, Plastics, and Synthetic Fibers
Part 415 Inorganic Chemicals Manufacturing Point Source Category
Part 417 Soap and Detergent Manufacturing Point Source Category
Part 418 Fertilizer Manufacturing Point Source Category
Part 419 Petroleum Refining Point Source Category
Part 420 Iron and Steel Manufacturing Point Source Category
Part 421 Nonferrous Metals Manufacturing Point Source Category
Part 422 Phosphate Manufacturing Point Source Category
Part 423 Steam Electric Power Generating Point Source Category
Part 424 Ferroalloy Manufacturing Point Source Category
Part 425 Leather Tanning and Finishing Point Source Category
Part 426 Glass Manufacturing Point Source Category
Part 427 Asbestos Manufacturing Point Source Category
Part 428 Rubber Manufacturing Point Source Category
Part 429 Timber Products Processing Point Source Category
Part 430 The Pulp, Paper, and Paperboard Point Source Category
Part 432 Meat and Poultry Products Point Source Category
Part 433 Metal Finishing Point Source Category
Part 434 Coal Mining Point Source Category Bpt, Bat, Bct Limitations and New Source Performance Standards
Part 435 Oil and Gas Extraction Point Source Category
Part 436 Mineral Mining and Processing Point Source Category
Part 437 The Centralized Waste Treatment Point Source Category
Part 438 Metal Products and Machinery Point Source Category
Part 439 Pharmaceutical Manufacturing Point Source Category
Part 440 Ore Mining and Dressing Point Source Category
Part 441 Dental Office Point Source Category
Part 442 Transportation Equipment Cleaning Point Source Category
Part 443 Effluent Limitations Guidelines for Existing Sources and Standards of Performance and Pretreatment Standards for New Sources for the Paving and Roofing Materials (Tars and Asphalt) Point Source Category
Part 444 Waste Combustors Point Source Category
Part 445 Landfills Point Source Category
Part 446 Paint Formulating Point Source Category
Part 447 Ink Formulating Point Source Category
Part 449 Airport Deicing Point Source Category
Part 450 Construction and Development Point Source Category
Part 451 Concentrated Aquatic Animal Production Point Source Category
Part 454 Gum and Wood Chemicals Manufacturing Point Source Category
Part 455 Pesticide Chemicals
Part 457 Explosives Manufacturing Point Source Category
Part 458 Carbon Black Manufacturing Point Source Category
Part 459 Photographic Point Source Category
Part 460 Hospital Point Source Category
Part 461 Battery Manufacturing Point Source Category
Part 463 Plastics Molding and Forming Point Source Category
Part 464 Metal Molding and Casting Point Source Category
Part 465 Coil Coating Point Source Category
Part 466 Porcelain Enameling Point Source Category
Part 467 Aluminum Forming Point Source Category
Part 468 Copper Forming Point Source Category
Part 469 Electrical and Electronic Components Point Source Category
Part 471 Nonferrous Metals Forming and Metal Powders Point Source Category

Terms Used In CFR > Title 40 > Chapter I > Subchapter N

  • act: means the Age Discrimination Act of 1975, as amended (Title III of Pub. See 13 CFR 117.3
  • action: means any act, activity, policy, rule, standard, or method of administration. See 13 CFR 117.3
  • Active ingredient: means an ingredient of a pesticide which is intended to prevent, destroy, repel, or mitigate any pest. See 40 CFR 455.10
  • Adequate Consideration: means the fair market value at the time of sale or lease of any Property, as adjusted, in EDA's sole discretion, by any services, property exchanges, contractual commitments, acts of forbearance or other considerations that are in furtherance of the authorized purposes of the Investment Assistance, which are received by the Recipient or Owner in exchange for such Property. See 13 CFR 314.1
  • Administrative expenses: (1) Include general office and operating expenses such as telephone and photocopy charges, printing, legal, and professional fees, postage, courier services, and office supplies. See 12 CFR 1271.30
  • Administrator: The Administrator, Alcohol and Tobacco Tax and Trade Bureau, Department of the Treasury, Washington, DC. See 27 CFR 25.11
  • Administrator: means the Administrator of the NASA. See 14 CFR 1250.102
  • Advanced market risk-weighted assets: means the advanced measure for market risk calculated under §3. See 12 CFR 3.2
  • Advanced systems: means an advanced approaches national bank's or Federal savings association's advanced IRB systems, operational risk management processes, operational risk data and assessment systems, operational risk quantification systems, and, to the extent used by the national bank or Federal savings association, the internal models methodology, advanced CVA approach, double default excessive correlation detection process, and internal models approach (IMA) for equity exposures. See 12 CFR 3.101
  • 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.
  • Affirmed: In the practice of the appellate courts, the decree or order is declared valid and will stand as rendered in the lower court.
  • Affordable: means that:

    (1) The rent charged to a household for a unit that is to be reserved for occupancy by a household with an income at or below 80 percent of the median income for the area, does not exceed 30 percent of the income of a household of the maximum income and size expected, under the commitment made in the AHP application, to occupy the unit (assuming occupancy of 1. See 12 CFR 1291.1

  • age: means how old a person is, or the number of years from the date of a person's birth. See 13 CFR 117.3
  • age distinction: means any action using age or an age-related term. See 13 CFR 117.3
  • age-related: means a word or words which necessarily imply a particular age or range of ages (for example, children, adult, older persons, but not student). See 13 CFR 117.3
  • Agency: means each of the executive agencies and military departments (as defined in 5 U. See 31 CFR 215.2
  • agency: means a Federal department or agency that is empowered to extend financial assistance. See 13 CFR 117.3
  • Agency: means the Small Business Administration. See 13 CFR 136.103
  • AHAR: means the Annual Housing Activities Report that an Enterprise submits to the Director under section 309(n) of the Fannie Mae Charter Act or section 307(f) of the Freddie Mac Act. See 12 CFR 1282.1
  • AHAR information: means data or information contained in the AHAR. See 12 CFR 1282.1
  • AHP: means the Affordable Housing Program required to be established by the Banks pursuant to 12 U. See 12 CFR 1291.1
  • AHP project: means a single-family or multifamily housing project for owner-occupied or rental housing that has been awarded or has received AHP subsidy under a Bank's General Fund and any Targeted Funds. See 12 CFR 1291.1
  • Allegation: something that someone says happened.
  • Allocated transfer risk reserves: means reserves that have been established in accordance with section 905(a) of the International Lending Supervision Act, against certain assets whose value U. See 12 CFR 3.2
  • AMA program: has the meaning set forth in §1268. See 12 CFR 1281.1
  • AMA user: means any participating financial institution, as defined in §1268. See 12 CFR 1281.1
  • Amortization: Paying off a loan by regular installments.
  • 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.
  • Antimony: means total antimony. See 40 CFR 437.2
  • Applicable: means one who submits an application, request, proposal, or plan required to be approved by a responsible NASA official, or by a primary recipient, as a condition to eligibility for Federal financial assistance. See 14 CFR 1250.102
  • applicant: means one who applies for Federal financial assistance. See 13 CFR 117.3
  • application: means such an application, request, proposal or plan. See 14 CFR 1250.102
  • Application: means a request, in any form, for an offer (or a response to a solicitation of an offer) of residential mortgage loan terms, and the information about the borrower or prospective borrower that is customary or necessary in a decision on whether to make such an offer. See 12 CFR 1008.23
  • Appraisal: A determination of property value.
  • Appropriate pollution control technology: means the wastewater treatment technology listed in Table 10 to this part 455 for a particular PAI(s) including an emulsion breaking step prior to the listed technology when emulsions are present in the wastewater to be treated. See 40 CFR 455.10
  • 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
  • Approved dosage: means the dose of a drug that has been found to be safe and effective under the conditions of a new animal drug application. See 40 CFR 451.2
  • Aquatic animal containment system: means a culture or rearing unit such as a raceway, pond, tank, net or other structure used to contain, hold or produce aquatic animals. See 40 CFR 451.2
  • Arrest: Taking physical custody of a person by lawful authority.
  • Arsenic: means total arsenic, Parameter 6. See 40 CFR 444.11
  • Arsenic: means total arsenic. See 40 CFR 437.2
  • 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 12 CFR 410.103
  • Assistant Secretary: means the Assistant Secretary for Economic Development within the Department. See 13 CFR 300.3
  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • 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 12 CFR 410.103
  • Auxiliary aids: means services or devices that enable persons with impaired sensory, manual, or speaking skills to have an opportunity to participate in, and enjoy the benefits of, programs or activities conducted by the Bureau. See 12 CFR 1072.103
  • 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 13 CFR 136.103
  • Backtesting: means the comparison of a national bank's or Federal savings association's internal estimates with actual outcomes during a sample period not used in model development. See 12 CFR 3.101
  • Bail: Security given for the release of a criminal defendant or witness from legal custody (usually in the form of money) to secure his/her appearance on the day and time appointed.
  • Balloon mortgage: means a mortgage providing for payments at regular intervals, with a final payment (balloon payment) that is at least 5 percent more than the periodic payments. See 12 CFR 1281.1
  • Balloon mortgage: means a mortgage providing for payments at regular intervals, with a final payment ("balloon payment") that is at least 5 percent more than the periodic payments. See 12 CFR 1282.1
  • Bank: Any commercial bank. See 27 CFR 25.11
  • Bank holding company: means a bank holding company as defined in section 2 of the Bank Holding Company Act. See 12 CFR 3.2
  • Barium: means total barium. See 40 CFR 437.2
  • Barrel: When used as a unit of measure, the quantity equal to 31 U. See 27 CFR 25.11
  • Baseline: Projection of the receipts, outlays, and other budget amounts that would ensue in the future without any change in existing policy. Baseline projections are used to gauge the extent to which proposed legislation, if enacted into law, would alter current spending and revenue levels.
  • Basis derivative contract: means a non-foreign-exchange derivative contract (i. See 12 CFR 3.2
  • Beer: Beer, ale, porter, stout, and other similar fermented beverages (including saké and similar products) of any name or description containing one-half of one percent or more of alcohol by volume, brewed or produced from malt, wholly or in part, or from any substitute for malt. See 27 CFR 25.11
  • Benchmarking: means the comparison of a national bank's or Federal savings association's internal estimates with relevant internal and external data or with estimates based on other estimation techniques. See 12 CFR 3.101
  • Bequest: Property gifted by will.
  • Bond option contract: means a bond option, bond future, or any other instrument linked to a bond that gives rise to similar counterparty credit risk. See 12 CFR 3.101
  • Bonded premises of a distilled spirits plant: The bonded premises of a distilled spirits plant as described in part 19 of this chapter. See 27 CFR 25.11
  • Bonded winery: The premises of a bonded winery as described in part 24 of this chapter. See 27 CFR 25.11
  • Bottle: A bottle, can or similar container. See 27 CFR 25.11
  • Bottling: The filling of bottles, cans, and similar containers. See 27 CFR 25.11
  • Brewer: Any person who brews beer (except a person who produces only beer exempt from tax under 26 U. See 27 CFR 25.11
  • Brewery: The land and buildings described in the Brewer's Notice, Form 5130. See 27 CFR 25.11
  • briquetting operations: means a hot or cold process that agglomerates (presses together) iron-bearing materials into small lumps without melting or fusion. See 40 CFR 420.131
  • Bureau: means the Bureau of Consumer Financial Protection. See 12 CFR 1072.103
  • Bureau: means the Bureau of Consumer Financial Protection. See 12 CFR 1008.23
  • Business day: The 24-hour cycle of operations in effect at the brewery and described on the Brewer's Notice, Form 5130. See 27 CFR 25.11
  • Business environment and internal control factors: means the indicators of a national bank's or Federal savings association's operational risk profile that reflect a current and forward-looking assessment of the national bank's or Federal savings association's underlying business risk factors and internal control environment. See 12 CFR 3.101
  • Cadmium: means total cadmium, Parameter 12. See 40 CFR 444.11
  • Cadmium: means total cadmium. See 40 CFR 437.2
  • Calendar quarter: A 3-month period during the year as follows: January 1 through March 31. See 27 CFR 25.11
  • Call Report: means Consolidated Reports of Condition and Income. See 12 CFR 3.2
  • CEDS: means a strategy that meets the requirements of §303. See 13 CFR 300.3
  • Centralized waste treatment wastewater: means any wastewater generated as a result of CWT activities. See 40 CFR 437.2
  • Cereal beverage: A beverage, produced either wholly or in part from malt (or a substitute for malt), and either fermented or unfermented, which contains, when ready for consumption, less than one-half of 1 percent of alcohol by volume. See 27 CFR 25.11
  • Chambers: A judge's office.
  • Charter Act: means the Fannie Mae Charter Act, as amended, or the Freddie Mac Act, as amended. See 12 CFR 1282.1
  • Chromium: means total chromium, Parameter 19. See 40 CFR 444.11
  • Chromium: means total chromium. See 40 CFR 437.2
  • Class A stock: means capital stock issued by a Bank, including subclasses, that has the characteristics specified by §1277. See 12 CFR 1277.1
  • Class B stock: means capital stock issued by a Bank, including subclasses, that has the characteristics specified by §1277. See 12 CFR 1277.1
  • Cleared transaction: means an exposure associated with an outstanding derivative contract or repo-style transaction that a national bank or Federal savings association or clearing member has entered into with a central counterparty (that is, a transaction that a central counterparty has accepted). See 12 CFR 3.2
  • Clearing member: means a member of, or direct participant in, a CCP that is entitled to enter into transactions with the CCP. See 12 CFR 3.2
  • Clearing member client: means a party to a cleared transaction associated with a CCP in which a clearing member acts either as a financial intermediary with respect to the party or guarantees the performance of the party to the CCP. See 12 CFR 3.2
  • Client-facing derivative transaction: means a derivative contract that is not a cleared transaction where the national bank or Federal savings association is either acting as a financial intermediary and enters into an offsetting transaction with a qualifying central counterparty (QCCP) or where the national bank or Federal savings association provides a guarantee on the performance of a client on a transaction between the client and a QCCP. See 12 CFR 3.2
  • Co-Recipient: means one of multiple Recipients awarded Investment Assistance under a single award. See 13 CFR 300.3
  • Cobalt: means total cobalt. See 40 CFR 437.2
  • Collateral agreement: means a legal contract that specifies the time when, and circumstances under which, a counterparty is required to pledge collateral to a national bank or Federal savings association for a single financial contract or for all financial contracts in a netting set and confers upon the national bank or Federal savings association a perfected, first-priority security interest (notwithstanding the prior security interest of any custodial agent), or the legal equivalent thereof, in the collateral posted by the counterparty under the agreement. See 12 CFR 3.2
  • Commercial end-user: means an entity that:

    (1)(i) Is using derivative contracts to hedge or mitigate commercial risk. See 12 CFR 3.2

  • Commercial hazardous waste combustor: means any thermal unit, except a cement kiln, that is subject either to 40 CFR part 264, subpart O. See 40 CFR 444.11
  • Commitment: means any legally binding arrangement that obligates a national bank or Federal savings association to extend credit or to purchase assets. See 12 CFR 3.2
  • Commodity derivative contract: means a commodity-linked swap, purchased commodity-linked option, forward commodity-linked contract, or any other instrument linked to commodities that gives rise to similar counterparty credit risks. See 12 CFR 3.2
  • 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.
  • Community Reinvestment Act: The Act is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977. Source: OCC
  • Company: means a corporation, partnership, limited liability company, depository institution, business trust, special purpose entity, association, or similar organization. See 12 CFR 3.2
  • Company: means any corporation, limited liability company, business trust, general or limited partnership, association, or similar organization. See 12 CFR 1016.3
  • 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 12 CFR 410.103
  • Complete complaint: means a written statement or a complaint in audio, Braille, electronic, and/or video format, that contains the complainant's name and address, and describes the Bureau's alleged discriminatory action in sufficient detail to inform the Bureau of the nature and date of the alleged violation of section 504 or section 508. See 12 CFR 1072.103
  • Complete complaint: means a written statement that contains the complainant's name and address and describes the Agency's alleged discriminatory actions in sufficient detail to inform the Agency of the nature and date of the alleged violation of section 504. See 13 CFR 136.103
  • Concentrate: Concentrate produced from beer by the removal of water under the provisions of subpart R of this part. See 27 CFR 25.11
  • Conferees: Legislators appointed to serve on conference committees. They are also called "managers." Conferees are usually appointed from the committee or committees that reported the legislation; they are expected to try and uphold their chamber's position on measures when they negotiate with conferees from the other chamber.
  • Conference committee: A temporary, ad hoc panel composed of conferees from both chamber of a legislature which is formed for the purpose of reconciling differences in legislation that has passed both chambers. Conference committees are usually convened to resolve bicameral differences on major and controversial legislation.
  • Conference report: The compromise product negotiated by the conference committee. The "conference report" is submitted to each chamber for its consideration, such as approval or disapproval.
  • Congressional Record: The substantially verbatim account of daily proceedings in Congress. It is printed for each day Congress is in session. At the back of each daily issue is the "Daily Digest," which summarizes the day's floor and committee activities.
  • Consumer: means an individual who obtains or has obtained a financial product or service from you that is to be used primarily for personal, family, or household purposes, or that individual's legal representative. See 12 CFR 1016.3
  • Contaminated storm water: means storm water which comes in direct contact with CWT wastes, the waste handling and treatment areas, or other centralized waste treatment wastewater as defined in paragraph (d) of this section. See 40 CFR 437.2
  • Continuance: Putting off of a hearing ot trial until a later time.
  • Contract: A legal written agreement that becomes binding when signed.
  • Control: A person or company controls a company if it:

    (1) Owns, controls, or holds with power to vote 25 percent or more of a class of voting securities of the company. See 12 CFR 3.2

  • Conviction: A judgement of guilt against a criminal defendant.
  • Cooperative Agreement: means the financial assistance award of EDA funds to an Eligible Recipient where substantial involvement is expected between EDA and the Eligible Recipient in carrying out a purpose or activity authorized under PWEDA or another statute. See 13 CFR 300.3
  • Copper: means total copper, Parameter 22. See 40 CFR 444.11
  • Copper: means total copper. See 40 CFR 437.2
  • Corrosion preventive coating: means the application of removable oily or organic solutions to protect metal surfaces against corrosive environments. See 40 CFR 438.2
  • Credit derivative: means a derivative contract that transfers credit risk. See 12 CFR 1277.1
  • Credit derivative: means a financial contract executed under standard industry credit derivative documentation that allows one party (the protection purchaser) to transfer the credit risk of one or more exposures (reference exposure(s)) to another party (the protection provider) for a certain period of time. See 12 CFR 3.2
  • Credit risk: means the risk that the market value, or estimated fair value if market value is not available, of an obligation will decline as a result of deterioration in the creditworthiness of the obligor. See 12 CFR 1277.1
  • Credit risk mitigant: means collateral, a credit derivative, or a guarantee. See 12 CFR 3.2
  • Credit Score: A number, roughly between 300 and 800, that measures an individual's credit worthiness. The most well-known type of credit score is the FICO score. This score represents the answer from a mathematical formula that assigns numerical values to various pieces of information in your credit report. Source: OCC
  • Credit union: means an insured credit union as defined under the Federal Credit Union Act (12 U. See 12 CFR 3.2
  • Credit-enhancing representations and warranties: means representations and warranties that are made or assumed in connection with a transfer of underlying exposures (including loan servicing assets) and that obligate a national bank or Federal savings association to protect another party from losses arising from the credit risk of the underlying exposures. See 12 CFR 3.2
  • Credit-risk-weighted assets: means 1. See 12 CFR 3.2
  • Current exposure methodology: means the method of calculating the exposure amount for over-the-counter derivative contracts in §3. See 12 CFR 3.2
  • Custodian: means a financial institution that has legal custody of collateral provided to a CCP. See 12 CFR 3.2
  • Custodian fees: means any fee incurred by the Financing Corporation in connection with the transfer of any security to, or maintenance of any security in, the segregated account established under section 21(g)(2) of the Bank Act (12 U. See 12 CFR 1271.30
  • CWT facility: includes both a facility that treats waste received exclusively from off-site and a facility that treats wastes generated on-site as well as waste received from off-site. See 40 CFR 437.2
  • Cyanide: means total cyanide. See 40 CFR 437.2
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Day: means a calendar day. See 12 CFR 1281.1
  • Day: means a calendar day. See 12 CFR 1282.1
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Default fund contribution: means the funds contributed or commitments made by a clearing member to a CCP's mutualized loss sharing arrangement. See 12 CFR 3.2
  • Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
  • Definitions: As used in this part, the following definitions apply:

    (1) Conflicting non-Federal source. See 12 CFR 412.3

  • Department: means the U. See 13 CFR 300.3
  • Dependence: means a measure of the association among operational losses across and within units of measure. See 12 CFR 3.101
  • 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.
  • Depository institution: means a depository institution as defined in section 3 of the Federal Deposit Insurance Act. See 12 CFR 3.2
  • Derivative contract: means generally a financial contract the value of which is derived from the values of one or more underlying assets, reference rates, or indices of asset values, or credit-related events. See 12 CFR 1277.1
  • Derivative contract: means a financial contract whose value is derived from the values of one or more underlying assets, reference rates, or indices of asset values or reference rates. See 12 CFR 3.2
  • Derivatives clearing organization: means an organization that clears derivative contracts and is registered with the Commodity Futures Trading Commission as a derivatives clearing organization pursuant to section 5b(a) of the Commodity Exchange Act (7 U. See 12 CFR 1277.1
  • Designated disaster area: means any census tract that is located in a county designated by the federal government as adversely affected by a declared major disaster administered by FEMA, where individual assistance payments were authorized by FEMA. See 12 CFR 1281.1
  • Designated disaster area: means any census tract that is located in a county designated by the federal government as adversely affected by a declared major disaster administered by FEMA, where individual assistance payments were authorized by FEMA. See 12 CFR 1282.1
  • Devise: To gift property by will.
  • Direct subsidy: means an AHP subsidy in the form of a direct cash payment. See 12 CFR 1291.1
  • Directorate: means the board established under section 21(b) of the Bank Act (12 U. See 12 CFR 1271.30
  • Discharger: means a facility that discharges wastewater directly to waters of the United States or introduces wastewater to a publicly-owned treatment works. See 40 CFR 437.2
  • Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
  • District Director: A district director of internal revenue. See 27 CFR 25.11
  • District Organization: means an organization meeting the requirements of §304. See 13 CFR 300.3
  • dividend: includes any dividends on capital stock subject to a redemption request even if under GAAP those dividends are treated as an "interest expense. See 12 CFR 1291.1
  • Docket: A log containing brief entries of court proceedings.
  • Drug: means any substance defined as a drug in section 201(g)(1) of the Federal Food, Drug and Cosmetic Act (21 U. See 40 CFR 451.2
  • dry air pollution control system: means an emission control system that utilizes filters to remove iron-bearing particles (fines) from blast furnace or sintering off-gases. See 40 CFR 420.21
  • Dwelling unit: means a room or unified combination of rooms with plumbing and kitchen facilities intended for use, in whole or in part, as a dwelling by one or more persons, and includes a dwelling unit in a single-family property, multifamily property, or other residential or mixed-use property. See 12 CFR 1281.1
  • Dwelling unit: means a room or unified combination of rooms with plumbing and kitchen facilities intended for use, in whole or in part, as a dwelling by one or more persons, and includes a dwelling unit in a single-family property, multifamily property, or other residential or mixed-use property. See 12 CFR 1282.1
  • EDA: means the Economic Development Administration within the Department. See 13 CFR 300.3
  • Effective notional amount: means for an eligible guarantee or eligible credit derivative, the lesser of the contractual notional amount of the credit risk mitigant and the exposure amount (or EAD for purposes of subpart E of this part) of the hedged exposure, multiplied by the percentage coverage of the credit risk mitigant. See 12 CFR 3.2
  • Efficiency: means a dwelling unit having no separate bedrooms or 0 bedrooms. See 12 CFR 1282.1
  • Electronic and information technology: means information technology and any equipment or interconnected system or subsystem of equipment that is used in the creation, conversion, or duplication of data or information. See 12 CFR 1072.103
  • Eligible Applicant: means an entity qualified to be an Eligible Recipient or its authorized representative. See 13 CFR 300.3
  • Eligible credit derivative: means a credit derivative in the form of a credit default swap, nth-to-default swap, total return swap, or any other form of credit derivative approved by the OCC, provided that:

    (1) The contract meets the requirements of an eligible guarantee and has been confirmed by the protection purchaser and the protection provider. See 12 CFR 3.2

  • Eligible guarantee: means a guarantee that:

    (1) Is written. See 12 CFR 3.2

  • Eligible household: means a household that meets the income limits and other requirements specified by a Bank for its General Fund and any Targeted Funds and Homeownership Set-Aside Programs, provided that:

    (1) In the case of owner-occupied housing, the household's income may not exceed 80 percent of the median income for the area. See 12 CFR 1291.1

  • Eligible operational risk offsets: means amounts, not to exceed expected operational loss, that:

    (1) Are generated by internal business practices to absorb highly predictable and reasonably stable operational losses, including reserves calculated consistent with GAAP. See 12 CFR 3.101

  • Eligible Recipient: means any of the following:

    (1) City or other political subdivision of a State, including a special purpose unit of State or local government engaged in economic or infrastructure development activities, or a consortium of political subdivisions. See 13 CFR 300.3

  • Eligible servicer cash advance facility: means a servicer cash advance facility in which:

    (1) The servicer is entitled to full reimbursement of advances, except that a servicer may be obligated to make non-reimbursable advances for a particular underlying exposure if any such advance is contractually limited to an insignificant amount of the outstanding principal balance of that exposure. See 12 CFR 3.2

  • 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
  • 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.
  • Equal Credit Opportunity Act: Prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age, or because an applicant receives income from a public assistance program. Source: OCC
  • 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
  • Equity derivative contract: means an equity-linked swap, purchased equity-linked option, forward equity-linked contract, or any other instrument linked to equities that gives rise to similar counterparty credit risks. See 12 CFR 3.2
  • Equivalent system: means a wastewater treatment system that is demonstrated in literature, treatability tests or self-monitoring data to remove a similar level of pesticide active ingredient (PAI) or priority pollutants as the applicable appropriate pollution control technology listed in Table 10 to this part 455. See 40 CFR 455.10
  • Equivalent treatment: means a wastewater treatment system that achieves comparable pollutant removals to the applicable treatment technology selected as the basis for the limitations and pretreatment standards. See 40 CFR 437.2
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • et seq: and 12 CFR part 1805. See 12 CFR 3.2
  • Exchange rate contracts: include cross-currency interest-rate swaps, forward foreign exchange rate contracts, currency options purchased, and any similar instruments that give rise to similar risks. See 12 CFR 1277.1
  • Exchange rate derivative contract: means a cross-currency interest rate swap, forward foreign-exchange contract, currency option purchased, or any other instrument linked to exchange rates that gives rise to similar counterparty credit risks. See 12 CFR 3.2
  • Executed under penalties of perjury: Signed with the prescribed declaration under the penalties of perjury as provided on or with respect to the return, claim, form, or other document or, when no form of declaration is prescribed, with the declaration: "I declare under the penalties of perjury that this ____________ (insert type of document such as statement, report, certificate, application, claim, or other document), including the documents submitted in support thereof, has been examined by me and, to the best of my knowledge and belief, is true, correct and complete. See 27 CFR 25.11
  • Executor: A male person named in a will to carry out the decedent
  • Exposure category: means any of the wholesale, retail, securitization, or equity exposure categories. See 12 CFR 3.101
  • Extralabel drug use: means a drug approved under the Federal Food, Drug and Cosmetic Act that is not used in accordance with the approved label directions, see 21 CFR part 530. See 40 CFR 451.2
  • 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 12 CFR 410.103
  • Facility: means all or any portion of a building, structure, equipment, road, walk, parking lot, rolling stock or other conveyance, or other real or personal property. See 12 CFR 1072.103
  • 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 13 CFR 136.103
  • Facility: includes all or any portion of structures, equipment, or other real or personal property or interests therein, and the provision of facilities includes the construction, expansion, renovation, remodeling, alteration or acquisition of facilities. See 14 CFR 1250.102
  • 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.
  • Family: means one or more individuals who occupy the same dwelling unit. See 12 CFR 1281.1
  • Family: means one or more individuals who occupy the same dwelling unit. See 12 CFR 1282.1
  • Family member: means any individual related to a person by blood, marriage, or adoption. See 12 CFR 1291.1
  • Fannie Mae Charter Act: means the Federal National Mortgage Association Charter Act, as amended (12 U. See 12 CFR 1282.1
  • Fecal coliform: means the bacterial count (Parameter 1) at 40 CFR 136. See 40 CFR 412.2
  • Fecal coliform: means the bacterial count, as determined by approved methods of analysis for Parameter 1 in Table 1A in 40 CFR 136. See 40 CFR 432.2
  • Federal Agency: means a department, agency or instrumentality of the United States government. See 13 CFR 300.3
  • 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 financial assistance: includes (1) grants and loans of Federal funds, (2) the grant or donation of Federal property and interests in property, (3) the detail of Federal personnel, (4) the sale and lease of, and the permission to use (on other than a casual or transient basis), Federal property or any interest in such property without consideration or at a nominal consideration, or at a consideration which is reduced for the purpose of assisting the recipient, or in recognition of the public interest to be served by such sale or lease to the recipient, and (5) any Federal agreement, arrangement, or other contract which has as one of its purposes the provision of assistance. See 14 CFR 1250.102
  • Federal Financing Bank security: means a Federal Financing Bank bond, note, certificate of indebtedness, or bill issued under the Federal Financing Bank Act of 1973, in the form of a definitive Federal Financing Bank security or a book-entry Federal Financing Bank security. See 12 CFR 811.0
  • 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
  • Federal savings association: means an insured Federal savings association or an insured Federal savings bank chartered under section 5 of the Home Owners' Loan Act of 1933. See 12 CFR 3.2
  • Federally Declared Disaster: means a Presidentially Declared Disaster, a fisheries resource disaster pursuant to section 312(a) of the Magnuson-Stevens Fishery Conservation and Management Act, as amended (16 U. See 13 CFR 300.3
  • Felony: A crime carrying a penalty of more than a year in prison.
  • FEMA: means the Federal Emergency Management Agency. See 12 CFR 1281.1
  • FEMA: means the Federal Emergency Management Agency. See 12 CFR 1282.1
  • FFO: means an announcement EDA publishes during the fiscal year at http://www. See 13 CFR 300.3
  • Fiduciary: A trustee, executor, or administrator.
  • Finance charge: The total cost of credit a customer must pay on a consumer loan, including interest. The Truth in Lending Act requires disclosure of the finance charge. Source: OCC
  • Financial collateral: means collateral:

    (1) In the form of:

    (i) Cash on deposit with the national bank or Federal savings association (including cash held for the national bank or Federal savings association by a third-party custodian or trustee). See 12 CFR 3.2

  • financial institution: means any institution the business of which is engaging in activities that are financial in nature or incidental to such financial activities as described in section 4(k) of the Bank Holding Company Act of 1956 (12 U. See 12 CFR 1016.3
  • Finished product: means the final fresh or frozen products resulting from the further processing as defined below of either whole or cut-up meat or poultry carcasses. See 40 CFR 432.2
  • First-lien residential mortgage exposure: means a residential mortgage exposure secured by a first lien. See 12 CFR 3.2
  • 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.
  • Forbearance: A means of handling a delinquent loan. A
  • 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 bank: means a foreign bank as defined in §211. See 12 CFR 3.2
  • 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
  • forging: means the hot-working of heated steel shapes (e. See 40 CFR 420.131
  • Former member: means an institution for which the membership in a Bank has been terminated but which continues to hold stock in the Bank as required by the Bank's capital plan, and includes any successor to such institution that continues to hold the stock in the Bank that had been issued to the acquired institution. See 12 CFR 1277.1
  • Forward agreement: means a legally binding contractual obligation to purchase assets with certain drawdown at a specified future date, not including commitments to make residential mortgage loans or forward foreign exchange contracts. See 12 CFR 3.2
  • Fraud: Intentional deception resulting in injury to another.
  • Freddie Mac Act: means the Federal Home Loan Mortgage Corporation Act, as amended (12 U. See 12 CFR 1282.1
  • Fuel blending: means the process of combining waste, wastewater, or used material for the purpose of regenerating a fuel for reuse. See 40 CFR 437.2
  • Funding round: means a time period, as determined by a Bank, during which the Bank accepts AHP applications for subsidy under its General Fund and any Targeted Funds. See 12 CFR 1291.1
  • Further processing: means operations that utilize whole carcasses or cut-up meat or poultry products for the production of fresh or frozen products, and may include the following types of processing: Cutting and deboning, cooking, seasoning, smoking, canning, grinding, chopping, dicing, forming, breading, breaking, trimming, skinning, tenderizing, marinating, curing, pickling, extruding and/or linking. See 40 CFR 432.2
  • GAAP: means generally accepted accounting principles as used in the United States. See 12 CFR 3.2
  • Gain-on-sale: means an increase in the equity capital of a national bank or Federal savings association (as reported on [Schedule RC of the Call Report or Schedule HC of the FR Y-9C]) resulting from a traditional securitization (other than an increase in equity capital resulting from the national bank's or Federal savings association's receipt of cash in connection with the securitization or reporting of a mortgage servicing asset on [Schedule RC of the Call Report or Schedule HC of the FRY-9C]). See 12 CFR 3.2
  • General allowance for losses: means an allowance established by the Bank in accordance with GAAP for losses, but which does not include any amounts held against specific assets of the Bank. See 12 CFR 1277.1
  • General Fund: means a program that each Bank is required to establish and under which the Bank approves (i. See 12 CFR 1291.1
  • General obligation: means a bond or similar obligation that is backed by the full faith and credit of a public sector entity (PSE). See 12 CFR 3.2
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • 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
  • Grant: means the financial assistance award of EDA funds to an Eligible Recipient, under which the Eligible Recipient bears responsibility for carrying out a purpose or activity authorized under PWEDA or another statute. See 13 CFR 300.3
  • Grantor: The person who establishes a trust and places property into it.
  • Guarantee: means a financial guarantee, letter of credit, insurance, or other similar financial instrument (other than a credit derivative) that allows one party (beneficiary) to transfer the credit risk of one or more specific exposures (reference exposure) to another party (protection provider). See 12 CFR 3.2
  • Guarantor: A party who agrees to be responsible for the payment of another party's debts should that party default. Source: OCC
  • Handicapped person: 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 12 CFR 410.103
  • 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 12 CFR 410.103
  • 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 13 CFR 136.103
  • High temperature metals recovery: means a metals recovery process in which solid forms of metal-containing materials are processed with a heat-based pyrometallurgical technology to produce a metal product. See 40 CFR 437.2
  • Home country: means the country where an entity is incorporated, chartered, or similarly established. See 12 CFR 3.2
  • Homeownership Set-Aside Program: means a program established by a Bank, in its discretion, under which the Bank approves (i. See 12 CFR 1291.1
  • Immediate Family: means a person's spouse (or domestic partner or significant other), parents, grandparents, siblings, children and grandchildren, but does not include distant relatives, such as cousins, unless the distant relative lives in the same household as the person. See 13 CFR 300.3
  • Independent collateral: means financial collateral, other than variation margin, that is subject to a collateral agreement, or in which a national bank and Federal savings association has a perfected, first-priority security interest or, outside of the United States, the legal equivalent thereof (with the exception of cash on deposit. See 12 CFR 3.2
  • Indian Tribe: means an entity on the list of recognized tribes published pursuant to the Federally Recognized Indian Tribe List Act of 1994, as amended (Pub. See 13 CFR 300.3
  • Individual with a disability: means any person who has a physical or mental impairment that substantially limits one or more of the individual's major life activities, has a record of such an impairment, or is regarded as having such an impairment. See 12 CFR 1072.103
  • 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 13 CFR 136.103
  • Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
  • Inorganic wastewater treatment chemicals: means inorganic chemicals that are commonly used in wastewater treatment systems to aid in the removal of pollutants through physical/chemical technologies such as chemical precipitation, flocculation, neutralization, chemical oxidation, hydrolysis and/or adsorption. See 40 CFR 455.10
  • 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
  • Interest rate derivative contract: means a single-currency interest rate swap, basis swap, forward rate agreement, purchased interest rate option, when-issued securities, or any other instrument linked to interest rates that gives rise to similar counterparty credit risks. See 12 CFR 3.2
  • Interested Party: means any officer, employee or member of the board of directors or other governing board of the Recipient, including any other parties that advise, approve, recommend or otherwise participate in the business decisions of the Recipient, such as agents, advisors, consultants, attorneys, accountants or shareholders. See 13 CFR 300.3
  • Interior wastewater sources: means wastewater that is generated from cleaning or rinsing the interior of pesticide formulating, packaging or repackaging equipment. See 40 CFR 455.10
  • Internal cash-flow model: means a model developed and used by a Bank to estimate the potential evolving changes in the cash flows and market values of a portfolio for each month, extending out for a period of years, subject to a variety of plausible time paths of changes in interest rates, volatilities, and option adjusted spreads, and that incorporates assumptions about new or revolving business, including the roll-off and possible replacement of assets and liabilities as required. See 12 CFR 1277.1
  • Internal market-risk model: means a model developed and used by a Bank to estimate the potential change in the market value of a portfolio subject to an instantaneous change in interest rates, volatilities, and option-adjusted spreads. See 12 CFR 1277.1
  • 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.
  • Investment Assistance: means a Grant or Cooperative Agreement entered into by EDA and a Recipient. See 13 CFR 300.3
  • Investment fund: means a company:

    (1) Where all or substantially all of the assets of the company are financial assets. See 12 CFR 3.2

  • Investment grade: means that the entity to which the national bank or Federal savings association is exposed through a loan or security, or the reference entity with respect to a credit derivative, has adequate capacity to meet financial commitments for the projected life of the asset or exposure. See 12 CFR 3.2
  • Investment in the capital of an unconsolidated financial institution: means a net long position calculated in accordance with §3. See 12 CFR 3.2
  • Issuance costs: means issuance fees and commissions incurred by the Financing Corporation in connection with the issuance or servicing of Financing Corporation obligations, including legal and accounting expenses, trustee, fiscal, and paying agent charges, securities processing charges, joint collection agent charges, advertising expenses, and costs incurred in connection with preparing and printing offering materials to the extent the Financing Corporation incurs such costs in connection with issuing any obligations. See 12 CFR 1271.30
  • Judgement: The official decision of a court finally determining the respective rights and claims of the parties to a suit.
  • Lead: means total lead, Parameter 32. See 40 CFR 444.11
  • Lead: means total lead. See 40 CFR 437.2
  • 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
  • Lender: means any entity that makes, originates, sells, or services mortgages, and includes the secured creditors named in the debt obligation and document creating the mortgage. See 12 CFR 1282.1
  • 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.
  • LIHTC: means Low-Income Housing Tax Credits under section 42 of the Internal Revenue Code (26 U. See 12 CFR 1291.1
  • Liquors: Industrial spirits, distilled spirits, liqueurs, cordials and similar compounds, wines, and beer or any alcoholic preparation fit for beverage use. See 27 CFR 26.11
  • Loan pool: means a group of mortgage or other loans meeting the requirements of this part that are purchased, pooled, and held in trust. See 12 CFR 1291.1
  • Losses: Known quantities of beer lost due to breakage, casualty, or other unusual cause. See 27 CFR 25.11
  • Low- or moderate-income household: means a household that has an income of 80 percent or less of the median income for the area, with the income limit adjusted for household size in accordance with the methodology of the applicable median income standard selected from those enumerated in the definition of "median income for the area" unless such median income standard has no household size adjustment methodology. See 12 CFR 1291.1
  • Low-income: means income not in excess of 80 percent of area median income. See 12 CFR 1281.1
  • Major life activities: includes functions such as caring for one's self, performing manual tasks, walking, seeing, hearing, speaking, breathing, learning, and working. See 12 CFR 410.103
  • Major life activities: includes functions such as caring for one's self, performing manual tasks, walking, seeing, hearing, speaking, breathing, learning, and working. See 13 CFR 136.103
  • Market risk: means the risk that the market value, or estimated fair value if market value is not available, of a Bank's portfolio will decline as a result of changes in interest rates, foreign exchange rates, or equity or commodity prices. See 12 CFR 1277.1
  • Matching Share: means the non-EDA funds and any In-Kind Contributions that are approved by EDA and provided by a Recipient or third party as a condition of an Investment. See 13 CFR 300.3
  • Meat: means products derived from the slaughter and processing of cattle, calves, hogs, sheep and any meat that is not listed under the definition of poultry below. See 40 CFR 432.2
  • Median income for the area: means one or more of the following median income standards as determined by a Bank, after consultation with its Advisory Council, in its AHP Implementation Plan:

    (1) The median income for the area, as published annually by HUD. See 12 CFR 1291.1

  • Member bank: means any national bank, State bank or bank or trust company which is a member of a Reserve Bank. See 12 CFR 811.0
  • Mercury: means total mercury, Parameter 35. See 40 CFR 444.11
  • Mercury: means total mercury. See 40 CFR 437.2
  • Metal-bearing operations: means one or more of the following: abrasive jet machining. See 40 CFR 438.2
  • Metal-bearing wastes: means wastes and/or used materials from manufacturing or processing facilities or other commercial operations that contain significant quantities of metal pollutants, but not significant quantities of oil and grease (generally less than 100 mg/L). See 40 CFR 437.2
  • Metropolitan area: means a metropolitan statistical area (MSA), or a portion of such an area, including Metropolitan Divisions, for which median incomes are determined by FHFA. See 12 CFR 1281.1
  • Metropolitan area: means a metropolitan statistical area (MSA), or a portion of such an area, including Metropolitan Divisions, for which median incomes are determined by FHFA. See 12 CFR 1282.1
  • Microorganisms: means registered pesticide active ingredients that are biological control agents listed in 40 CFR 152. See 40 CFR 455.10
  • Minimum investment: means the minimum amount of stock that an institution is required to own in order to be a member of a Bank and in order to obtain advances and to engage in other business activities with the Bank in accordance with §1277. See 12 CFR 1277.1
  • Minimum level: means the level at which an analytical system gives recognizable signals and an acceptable calibration point. See 40 CFR 439.1
  • Minimum transfer amount: means the smallest amount of variation margin that may be transferred between counterparties to a netting set pursuant to the variation margin agreement. See 12 CFR 3.2
  • Minority: means any individual who is included within any one or more of the following racial and ethnic categories:

    (1) American Indian or Alaskan Native--a person having origins in any of the original peoples of North and South America (including Central America), and who maintains tribal affiliation or community attachment. See 12 CFR 1281.1

  • Minority: means any individual who is included within any one or more of the following racial and ethnic categories:

    (i) American Indian or Alaskan Native--a person having origins in any of the original peoples of North and South America (including Central America), and who maintains Tribal affiliation or community attachment. See 12 CFR 1282.1

  • Molybdenum: means total molybdenum. See 40 CFR 437.2
  • Mortgage: includes a mortgage, lien, including a subordinate lien, or other security interest on the stock or membership certificate issued to a tenant-stockholder or resident-member by a cooperative housing corporation, as defined in section 216 of the Internal Revenue Code of 1986, and on the proprietary lease, occupancy agreement, or right of tenancy in the dwelling unit of the tenant-stockholder or resident-member in such cooperative housing corporation. See 12 CFR 1281.1
  • Mortgage: includes a mortgage, lien, including a subordinate lien, or other security interest on the stock or membership certificate issued to a tenant-stockholder or resident-member by a cooperative housing corporation, as defined in section 216 of the Internal Revenue Code of 1986, and on the proprietary lease, occupancy agreement, or right of tenancy in the dwelling unit of the tenant-stockholder or resident-member in such cooperative housing corporation. See 12 CFR 1282.1
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Mortgage data: means data obtained by the Director from the Enterprises under section 309(m) of the Fannie Mae Charter Act and section 307(e) of the Freddie Mac Act. See 12 CFR 1282.1
  • Mortgage loan: A loan made by a lender to a borrower for the financing of real property. Source: OCC
  • Mortgage purchase: means a transaction in which a Bank bought or otherwise acquired a mortgage. See 12 CFR 1281.1
  • Mortgage purchase: means a transaction in which an Enterprise bought or otherwise acquired a mortgage or an interest in a mortgage for portfolio, resale, or securitization. See 12 CFR 1282.1
  • Mortgage revenue bond: means a tax-exempt bond or taxable bond issued by a State or local government or agency where the proceeds from the bond issue are used to finance residential housing. See 12 CFR 1282.1
  • Mortgagee: The person to whom property is mortgaged and who has loaned the money.
  • Mortgagor: The person who pledges property to a creditor as collateral for a loan and who receives the money.
  • Multifamily building: means a structure with five or more dwelling units. See 12 CFR 1291.1
  • Multifamily housing: means a residence consisting of more than four dwelling units. See 12 CFR 1282.1
  • NASA: means the National Aeronautics and Space Administration. See 14 CFR 1250.102
  • 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
  • Net independent collateral amount: means the fair value amount of the independent collateral, as adjusted by the standard supervisory haircuts under §3. See 12 CFR 3.2
  • Netting set: means a group of transactions with a single counterparty that are subject to a qualifying master netting agreement. See 12 CFR 3.2
  • Nickel: means total nickel. See 40 CFR 437.2
  • Nitrification capability: means the capability of a POTW treatment system to oxidize ammonia or ammonium salts initially to nitrites (via Nitrosomonas bacteria) and subsequently to nitrates (via Nitrobacter bacteria). See 40 CFR 439.1
  • Non-administrative expenses: means custodian fees, issuance costs, and interest on Financing Corporation obligations. See 12 CFR 1271.30
  • Non-metropolitan area: means a county, or a portion of a county, including those counties that comprise Micropolitan Statistical Areas, located outside any metropolitan area, for which median incomes are determined by FHFA. See 12 CFR 1281.1
  • Non-metropolitan area: means a county, or a portion of a county, including those counties that comprise Micropolitan Statistical Areas, located outside any metropolitan area, for which median incomes are determined by FHFA. See 12 CFR 1282.1
  • Non-mortgage asset: means an asset held by a Bank other than an advance, a non-rated asset, a residential mortgage asset, a collateralized mortgage obligation, or a derivative contract. See 12 CFR 1277.1
  • Non-process wastewater: means sanitary wastewater, non-contact cooling water, water from laundering, and non-contact storm water. See 40 CFR 438.2
  • Non-rated asset: means a Bank's cash, premises, plant and equipment, and investments authorized pursuant to §1265. See 12 CFR 1277.1
  • normal operation: means the operation of a business or activity without significant changes that would impair its ability to meet its objectives. See 13 CFR 117.3
  • 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.
  • Obligations: means debentures, bonds, and similar debt securities issued by the Financing Corporation under sections 21(c)(3) and (e) of the Bank Act (12 U. See 12 CFR 1271.30
  • Obligor: means the legal entity or natural person contractually obligated on a wholesale exposure, except that a national bank or Federal savings association may treat the following exposures as having separate obligors:

    (1) Exposures to the same legal entity or natural person denominated in different currencies. See 12 CFR 3.101

  • Off-site: means outside the boundaries of a facility. See 40 CFR 444.11
  • Off-site: means outside the boundaries of a facility. See 40 CFR 437.2
  • Oily operations: means one or more of the following: abrasive blasting. See 40 CFR 438.2
  • Oily wastes: means wastes and/or used materials that contain oil and grease (generally at or in excess of 100 mg/L) from manufacturing or processing facilities or other commercial operations. See 40 CFR 437.2
  • On-site: means within the boundaries of a facility. See 40 CFR 444.11
  • On-site: means within the boundaries of a facility. See 40 CFR 437.2
  • Open-end credit: A credit agreement (typically a credit card) that allows a customer to borrow against a preapproved credit line when purchasing goods and services. The borrower is only billed for the amount that is actually borrowed plus any interest due. (Also called a charge account or revolving credit.) Source: OCC
  • Operational loss: means a loss (excluding insurance or tax effects) resulting from an operational loss event. See 12 CFR 3.101
  • Operational loss event: means an event that results in loss and is associated with any of the following seven operational loss event type categories:

    (1) Internal fraud, which means the operational loss event type category that comprises operational losses resulting from an act involving at least one internal party of a type intended to defraud, misappropriate property, or circumvent regulations, the law, or company policy excluding diversity- and discrimination-type events. See 12 CFR 3.101

  • Operational risk: means the risk of loss resulting from inadequate or failed internal processes, people and systems, or from external events. See 12 CFR 1277.1
  • Operational risk: means the risk of loss resulting from inadequate or failed internal processes, people, and systems or from external events (including legal risk but excluding strategic and reputational risk). See 12 CFR 3.101
  • Operational risk exposure: means the 99. See 12 CFR 3.101
  • Oral argument: An opportunity for lawyers to summarize their position before the court and also to answer the judges' questions.
  • Organic wastes: means wastes and/or used materials that contain organic pollutants, but not a significant quantity of oil and grease (generally less than 100 mg/L) from manufacturing or processing facilities or other commercial operations. See 40 CFR 437.2
  • 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.
  • Other retail exposure: means an exposure (other than a securitization exposure, an equity exposure, a residential mortgage exposure, a pre-sold construction loan, a qualifying revolving exposure, or the residual value portion of a lease exposure) that is managed as part of a segment of exposures with homogeneous risk characteristics, not on an individual-exposure basis, and is either:

    (1) An exposure to an individual for non-business purposes. See 12 CFR 3.101

  • Overflow: means the discharge of manure or process wastewater resulting from the filling of wastewater or manure storage structures beyond the point at which no more manure, process wastewater, or storm water can be contained by the structure. See 40 CFR 412.2
  • Oversight: Committee review of the activities of a Federal agency or program.
  • Owner: means a fee owner, transferee, lessee or optionee of any Property. See 13 CFR 314.1
  • Owner-occupied unit: means a dwelling unit occupied by the owner of the unit. See 12 CFR 1291.1
  • Packaging: The filling of any package. See 27 CFR 25.11
  • Packinghouse: means a plant that both slaughters animals and subsequently processes carcasses into cured, smoked, canned or other prepared meat products. See 40 CFR 432.2
  • Participation: means a fractional interest in the principal amount of a mortgage. See 12 CFR 1282.1
  • 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.
  • Permanent capital: means the retained earnings of a Bank, determined in accordance with GAAP, plus the amount paid-in for the Bank's Class B stock. See 12 CFR 1277.1
  • Permitting authority: means EPA or the State agency authorized to administer the National Pollutant Discharge Elimination System permitting program for the receiving waters into which a facility subject to this part discharges. See 40 CFR 451.2
  • Person: The term person includes, in addition to natural persons, corporations, partnerships, pension funds, profit-sharing funds, trusts, and any other group of associated persons of whatever nature. See 12 CFR 169.1
  • Person: An individual, trust, estate, partnership, association, company, or corporation. See 27 CFR 25.11
  • Person: An individual, a trust, an estate, a partnership, an association, a company, or a corporation. See 27 CFR 26.11
  • Personal property: All property that is not real property.
  • Personal Property: means all tangible and intangible property other than Real Property, including the RLF Capital Base as defined at §307. See 13 CFR 314.1
  • Pesticide: means any substance or mixture of substances intended for preventing, destroying, repelling, or mitigating any pest. See 40 CFR 455.10
  • Pesticide chemicals: means the sum of all active ingredients manufactured at each facility covered by this part. See 40 CFR 455.10
  • Pipeline: means an open or closed conduit used for the conveyance of material. See 40 CFR 437.2
  • Plaintiff: The person who files the complaint in a civil lawsuit.
  • Plea: In a criminal case, the defendant's statement pleading "guilty" or "not guilty" in answer to the charges, a declaration made in open court.
  • 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.
  • Pledge: includes a pledge of, or any other security interest in, Federal Financing Bank securities as collateral for loans or advances or to secure deposits of public monies or the performance of an obligation. See 12 CFR 811.0
  • Pool chemicals: means pesticide products that are intended to disinfect or sanitize, reducing or mitigating growth or development of microbiological organisms including bacteria, algae, fungi or viruses in the water of swimming pools, hot tubs, spas or other such areas, in the household and/or institutional environment, as provided in the directions for use on the product label. See 40 CFR 455.10
  • POTW: means a publicly owned treatment works. See 40 CFR 444.11
  • POTW: means publicly owned treatment works (40 CFR 403. See 40 CFR 439.1
  • Poultry: means products derived from the slaughter and processing of broilers, other young chickens, mature chickens, hens, turkeys, capons, geese, ducks, small game fowl such as quail or pheasants, and small game such as rabbits. See 40 CFR 432.2
  • Pre-sold construction loan: means any one-to-four family residential construction loan to a builder that meets the requirements of section 618(a)(1) or (2) of the Resolution Trust Corporation Refinancing, Restructuring, and Improvement Act of 1991 (12 U. See 12 CFR 3.2
  • 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.
  • Presidentially Declared Disaster: means a major disaster or emergency declared under the Robert T. See 13 CFR 300.3
  • 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.
  • Primary recipient: means any recipient which is authorized or required to extend Federal financial assistance to another recipient. See 14 CFR 1250.102
  • Principal Compliance Officer: means the Director, Equal Employment Opportunity Office, Office of Organization and Management, NASA Headquarters, or any successor officer to whom the Administrator should delegate authority to perform the functions assigned to the Principal Compliance Officer by this part. See 14 CFR 1250.102
  • Priority Pollutants: means the toxic pollutants listed in 40 CFR part 423, appendix A. See 40 CFR 455.10
  • Pro se: A Latin term meaning "on one's own behalf"; in courts, it refers to persons who present their own cases without lawyers.
  • Probation: A sentencing alternative to imprisonment in which the court releases convicted defendants under supervision as long as certain conditions are observed.
  • Process wastewater: means water directly or indirectly used in the operation of the CAFO for any or all of the following: spillage or overflow from animal or poultry watering systems. See 40 CFR 412.2
  • Process wastewater: means wastewater as defined at 40 CFR parts 122 and 401, and includes wastewater from air pollution control devices. See 40 CFR 438.2
  • product: means sinter agglomerated from iron-bearing materials. See 40 CFR 420.21
  • Product stewardship: means a manufacturer's treatment or recovery of its own unused products, shipping and storage containers with product residues, off-specification products, and does not include spent or used materials from use of its products. See 40 CFR 437.2
  • Production area: means that part of an AFO that includes the animal confinement area, the manure storage area, the raw materials storage area, and the waste containment areas. See 40 CFR 412.2
  • Program: means the Affordable Housing Program established pursuant to this part. See 12 CFR 1291.1
  • Program or Activity: means any activity of the Bureau permitted or required by its enabling statutes, including but not limited to any proceeding, investigation, hearing, or meeting. See 12 CFR 1072.103
  • program or activity: means all of the operations of any entity described in paragraphs (j)(1) through (4) of this section, any part of which is extended Federal financial assistance:

    (1)(i) A department, agency, special purpose district, or other instrumentality of a State or of a local government. See 13 CFR 117.3

  • Project: means the proposed or authorized activity (or activities) the purpose of which fulfills EDA's mission and program requirements as set forth in PWEDA or Stevenson-Wydler and this chapter and which may be funded in whole or in part by EDA Investment Assistance. See 13 CFR 300.3
  • Project Property: means all Property that is acquired or improved, in whole or in part, with Investment Assistance and is required, as determined by EDA, for the successful completion and operation of a Project and/or serves as the economic justification of a Project. See 13 CFR 314.1
  • Property: means Real Property, Personal Property and mixed property. See 13 CFR 314.1
  • Proprietary information: means all mortgage data and all AHAR information that the Enterprises submit to the Director in the AHARs that contain trade secrets or privileged or confidential, commercial, or financial information that, if released, would be likely to cause substantial competitive harm. See 12 CFR 1282.1
  • Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.
  • proxy: includes every form of authorization by which a person is, or may be deemed to be, designated to act for the security holder in the exercise of his or her voting rights in the affairs of a savings association. See 12 CFR 169.1
  • 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.
  • Public law: A public bill or joint resolution that has passed both chambers and been enacted into law. Public laws have general applicability nationwide.
  • PWEDA: means the Public Works and Economic Development Act of 1965, as amended (42 U. See 13 CFR 300.3
  • Qualifying master netting agreement: means a written, legally enforceable agreement provided that:

    (1) The agreement creates a single legal obligation for all individual transactions covered by the agreement upon an event of default following any stay permitted by paragraph (2) of this definition, including upon an event of receivership, conservatorship, insolvency, liquidation, or similar proceeding, of the counterparty. See 12 CFR 3.2

  • Quorum: The number of legislators that must be present to do business.
  • Racking: The filling of kegs or barrels. See 27 CFR 25.11
  • Railroad line maintenance facilities: means facilities specified at §438. See 40 CFR 438.2
  • Railroad overhaul or heavy maintenance facilities: means facilities engaged in the manufacture, overhaul, or heavy maintenance of railroad engines, cars, car-wheel trucks, or similar parts or machines. See 40 CFR 438.2
  • Raw material: means the basic input materials to a renderer composed of animal and poultry trimmings, bones, blood, meat scraps, dead animals, feathers and related usable by-products. See 40 CFR 432.2
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Real Property: means any land, whether raw or improved, and includes structures, fixtures, appurtenances and other permanent improvements, excluding moveable machinery and equipment. See 13 CFR 314.1
  • Real-time feed monitoring: means a system designed to track the rate of feed consumption and to detect uneaten feed passing through the nets at a net pen facility. See 40 CFR 451.2
  • Receivership proceeds: means the liquidating dividends and payments made on claims received by the Federal Savings and Loan Insurance Corporation Resolution Fund established under section 11A of the Federal Deposit Insurance Act (12 U. See 12 CFR 1271.30
  • Recess: A temporary interruption of the legislative business.
  • recipient: means one who receives any Federal financial assistance administered by the Small Business Administration. See 13 CFR 117.3
  • Recipient: means any State, political subdivision of any State, or instrumentality of any State or political subdivision, any public or private agency, institution, or organization, or other entity, or any individual, in any State, to whom Federal financial assistance is extended, directly or through another recipient, including any successor, assign, or transferee thereof, but such term does not include any ultimate beneficiary. See 14 CFR 1250.102
  • Recipient: means an entity receiving EDA Investment Assistance, including any EDA-approved successor to the entity. See 13 CFR 300.3
  • Recirculating system: means a system that filters and reuses water in which the aquatic animals are produced prior to discharge. See 40 CFR 451.2
  • 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
  • Recovery: means the recycling or processing of a waste, wastewater or used material such that the material, or a portion thereof, may be reused or converted to a raw material, intermediate, or product. See 40 CFR 437.2
  • Refinancing mortgage: means a mortgage undertaken by a borrower that satisfies or replaces an existing mortgage of such borrower. See 12 CFR 1281.1
  • Refinancing mortgage: means a mortgage undertaken by a borrower that satisfies or replaces an existing mortgage of such borrower. See 12 CFR 1282.1
  • Regional: means an economic unit of human, natural, technological, capital or other resources, defined geographically. See 13 CFR 300.3
  • Regional Commission: means any of the following:

    (1) The Appalachian Regional Commission established under chapter 143 of title 40, United States Code. See 13 CFR 300.3

  • Regulatory capital requirements: means the minimum amounts of permanent and total capital that a Bank is required to maintain under section 6(a) of the Bank Act (12 U. See 12 CFR 1277.1
  • 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.
  • Remand: When an appellate court sends a case back to a lower court for further proceedings.
  • Removed for consumption or sale: Except when used with respect to beer removed without payment of tax as authorized by law, (a) the sale and transfer of possession of beer for consumption at the brewery, or (b) any removal of beer from the brewery. See 27 CFR 25.11
  • Rent: means the actual rent or average rent by unit size for a dwelling unit. See 12 CFR 1282.1
  • Rental unit: means a dwelling unit that is not owner-occupied and is rented or available to rent. See 12 CFR 1282.1
  • Repo-style transaction: means a repurchase or reverse repurchase transaction, or a securities borrowing or securities lending transaction, including a transaction in which the national bank or Federal savings association acts as agent for a customer and indemnifies the customer against loss, provided that:

    (1) The transaction is based solely on liquid and readily marketable securities, cash, or gold. See 12 CFR 3.2

  • Repurchase: means the acquisition by a Bank of excess stock prior to the expiration of the six-month or five-year statutory redemption period for the stock. See 12 CFR 1277.1
  • 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.
  • Resecuritization: means a securitization which has more than one underlying exposure and in which one or more of the underlying exposures is a securitization exposure. See 12 CFR 3.2
  • Reserve Bank: means the Federal Reserve Bank of New York (and any other Federal Reserve Bank which agrees to issue Federal Financing Bank securities in book-entry form) as fiscal agent of the United States acting on behalf of the Federal Financing Bank and, when indicated, acting in its individual capacity. See 12 CFR 811.0
  • Residence: means a property where one or more families reside. See 12 CFR 1281.1
  • Residence: means a property where one or more families reside. See 12 CFR 1282.1
  • Residential mortgage: means a loan secured by a residential structure that contains one-to-four dwelling units, regardless of whether the structure is attached to real property. See 12 CFR 1277.1
  • Residential mortgage exposure: means an exposure (other than a securitization exposure, equity exposure, statutory multifamily mortgage, or presold construction loan):

    (1)(i) That is primarily secured by a first or subsequent lien on one-to-four family residential property. See 12 CFR 3.2

  • Residential mortgage loan: means any loan primarily for personal, family, or household use that is secured by a mortgage, deed of trust, or other equivalent consensual security interest on a dwelling (as defined in section 103(w) of the Truth in Lending Act) or residential real estate upon which is constructed or intended to be constructed a dwelling (as so defined). See 12 CFR 1008.23
  • Residential mortgage security: means any instrument representing an undivided interest in a pool of residential mortgages. See 12 CFR 1277.1
  • Respondent: means the organizational unit in which a complainant alleges that discrimination occurred. See 13 CFR 136.103
  • Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.
  • Retail: (i) A retail exposure of a national bank or Federal savings association is in default if:

    (A) The exposure is 180 days past due, in the case of a residential mortgage exposure or revolving exposure. See 12 CFR 3.101

  • Retail exposure: means a residential mortgage exposure, a qualifying revolving exposure, or an other retail exposure. See 12 CFR 3.101
  • Retail exposure subcategory: means the residential mortgage exposure, qualifying revolving exposure, or other retail exposure subcategory. See 12 CFR 3.101
  • Revenue obligation: means a bond or similar obligation that is an obligation of a PSE, but which the PSE is committed to repay with revenues from the specific project financed rather than general tax funds. See 12 CFR 3.2
  • Revolving loan fund: means a capital fund established to make mortgage or other loans whereby loan principal is repaid into the fund and re-lent to other borrowers. See 12 CFR 1291.1
  • RICs: means networks of similar, synergistic, or complementary entities that support a single industry sector and its various supply chains. See 13 CFR 300.3
  • Risk parameter: means a variable used in determining risk-based capital requirements for wholesale and retail exposures, specifically probability of default (PD), loss given default (LGD), exposure at default (EAD), or effective maturity (M). See 12 CFR 3.101
  • Sales of federal funds subject to a continuing contract: means an overnight federal funds loan that is automatically renewed each day unless terminated by either the lender or the borrower. See 12 CFR 1277.1
  • Sanitizer products: means pesticide products that are intended to disinfect or sanitize, reducing or mitigating growth or development of microbiological organisms including bacteria, fungi or viruses on inanimate surfaces in the household, institutional, and/or commercial environment and whose labeled directions for use result in the product being discharged to Publicly Owned Treatment Works (POTWs). See 40 CFR 455.10
  • SBA: means the Small Business Administration. See 13 CFR 117.3
  • Scenario analysis: means a systematic process of obtaining expert opinions from business managers and risk management experts to derive reasoned assessments of the likelihood and loss impact of plausible high-severity operational losses. See 12 CFR 3.101
  • Seasoned mortgage: means a mortgage on which the date of the mortgage note is more than one year before the Bank purchased the mortgage. See 12 CFR 1281.1
  • Seasoned mortgage: means a mortgage on which the date of the mortgage note is more than 1 year before the Enterprise purchased the mortgage. See 12 CFR 1282.1
  • Secondary residence: means a dwelling where the mortgagor maintains (or will maintain) a part-time place of abode and typically spends (or will spend) less than the majority of the calendar year. See 12 CFR 1282.1
  • Secretary: means Secretary of the Treasury or his designee. See 31 CFR 215.2
  • security holder: means any person having the right to vote in the affairs of a savings association by virtue of:

    (i) Ownership of any security of the association or

    (ii) Any indebtedness to the association. See 12 CFR 169.1

  • Selenium: means total selenium. See 40 CFR 437.2
  • Separate account: means a legally segregated pool of assets owned and held by an insurance company and maintained separately from the insurance company's general account assets for the benefit of an individual contract holder. See 12 CFR 3.2
  • Sequester: To separate. Sometimes juries are sequestered from outside influences during their deliberations.
  • Service center: An Internal Revenue Service Center in any of the Internal Revenue regions. See 27 CFR 25.11
  • Servicer cash advance facility: means a facility under which the servicer of the underlying exposures of a securitization may advance cash to ensure an uninterrupted flow of payments to investors in the securitization, including advances made to cover foreclosure costs or other expenses to facilitate the timely collection of the underlying exposures. See 12 CFR 3.2
  • 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.
  • Silver: means total silver, Parameter 62. See 40 CFR 444.11
  • Silver: means total silver. See 40 CFR 437.2
  • Single-family housing: means a residence consisting of one to four dwelling units. See 12 CFR 1281.1
  • Single-family housing: means a residence consisting of one to four dwelling units. See 12 CFR 1282.1
  • sintering: means a process for agglomerating iron-bearing materials into small pellets (sinter) that can be charged to a blast furnace. See 40 CFR 420.21
  • Slaughterhouse: means a facility that slaughters animals and has as its main product fresh meat as whole, half or quarter carcasses or small meat cuts. See 40 CFR 432.2
  • Small Business Act: means the Small Business Act (15 U. See 12 CFR 3.2
  • Small Business Investment Act: means the Small Business Investment Act of 1958 (15 U. See 12 CFR 3.2
  • Solvent recovery: includes fuel blending operations and the recycling of spent solvents through separation of solvent mixtures in distillation columns. See 40 CFR 437.2
  • Sovereign: means a central government (including the U. See 12 CFR 3.2
  • Sovereign default: means noncompliance by a sovereign with its external debt service obligations or the inability or unwillingness of a sovereign government to service an existing loan according to its original terms, as evidenced by failure to pay principal and interest timely and fully, arrearages, or restructuring. See 12 CFR 3.2
  • Special Impact Area: means a Region served by a Project for which the requirements of section 302 of PWEDA and §303. See 13 CFR 300.3
  • Special Need: means a circumstance or legal status arising from actual or threatened severe unemployment or economic adjustment problems resulting from severe short-term or long-term changes in economic conditions, including:

    (1) Substantial outmigration or population loss. See 13 CFR 300.3

  • Specific wrong-way risk: means wrong-way risk that arises when either:

    (1) The counterparty and issuer of the collateral supporting the transaction. See 12 CFR 3.2

  • Sponsor: means a not-for-profit or for-profit organization or public entity that:

    (1) Has an ownership interest (including any partnership interest), as defined by the Bank in its AHP Implementation Plan, in a rental project. See 12 CFR 1291.1

  • Stabilization: means a waste process that decreases the mobility of waste constituents by means of a chemical reaction. See 40 CFR 437.2
  • Standardized market risk-weighted assets: means the standardized measure for market risk calculated under §3. See 12 CFR 3.2
  • State: means a State, territory, possession, or commonwealth of the United States, or the District of Columbia. See 31 CFR 215.2
  • State: means a State of the United States, the District of Columbia, the Commonwealth of Puerto Rico, the U. See 13 CFR 300.3
  • State: means any state of the United States, the District of Columbia, any territory of the United States, Puerto Rico, Guam, American Samoa, the Virgin Islands, and the Commonwealth of the Northern Mariana Islands. See 12 CFR 1008.23
  • 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.
  • Statutory multifamily mortgage: means a loan secured by a multifamily residential property that meets the requirements under section 618(b)(1) of the Resolution Trust Corporation Refinancing, Restructuring, and Improvement Act of 1991, and that meets the following criteria:9

    9The types of loans that qualify as loans secured by multifamily residential properties are listed in the instructions for preparation of the Call Report. See 12 CFR 3.2

  • statutory objective: means the purposes of the legislation as stated in an act, statute or ordinance or can be shown in the legislative history of any Federal statute, State statute, or local statute or ordinance adopted by an elected, general purpose legislative body. See 13 CFR 117.3
  • Subpoena: A command to a witness to appear and give testimony.
  • subrecipient: means any business concern that receives Federal financial assistance from the primary recipient of such financial assistance. See 13 CFR 117.3
  • Subrecipient: means an Eligible Recipient that receives a redistribution of Investment Assistance in the form of a subgrant, under part 309 of this chapter, from another Eligible Recipient to carry out part of a Federal program. See 13 CFR 300.3
  • Subsidized advance: means an advance to a member at an interest rate reduced below the Bank's cost of funds by use of a subsidy. See 12 CFR 1291.1
  • Successor Recipient: means an EDA-approved transferee of Property pursuant to §314. See 13 CFR 314.1
  • Synthetic securitization: means a transaction in which:

    (1) All or a portion of the credit risk of one or more underlying exposures is retained or transferred to one or more third parties through the use of one or more credit derivatives or guarantees (other than a guarantee that transfers only the credit risk of an individual retail exposure). See 12 CFR 3.2

  • Targeted Fund: means a program established by a Bank, in its discretion, to address specific affordable housing needs within its district that are unmet, have proven difficult to address through its General Fund, or align with objectives identified in its strategic plan, under which the Bank approves (i. See 12 CFR 1291.1
  • Testify: Answer questions in court.
  • Testimony: Evidence presented orally by witnesses during trials or before grand juries.
  • This chapter: Title 27, Code of Federal Regulations, Chapter I (27 CFR Chapter I). See 27 CFR 25.11
  • Tin: means total tin. See 40 CFR 437.2
  • Titanium: means total titanium, Parameter 72. See 40 CFR 444.11
  • Titanium: means total titanium. See 40 CFR 437.2
  • Total capital: means the sum of tier 1 capital and tier 2 capital. See 12 CFR 3.2
  • Total capital minority interest: means the total capital of a consolidated subsidiary of a national bank or Federal savings association that is not owned by the national bank or Federal savings association. See 12 CFR 3.2
  • Total Nitrogen: means the total of nitrate/nitrite and total Kjeldahl nitrogen. See 40 CFR 432.2
  • Traditional securitization: means a transaction in which:

    (1) All or a portion of the credit risk of one or more underlying exposures is transferred to one or more third parties other than through the use of credit derivatives or guarantees. See 12 CFR 3.2

  • Tranche: means all securitization exposures associated with a securitization that have the same seniority level. See 12 CFR 3.2
  • 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.
  • Treasury account: The Department of the Treasury's General Account at the Federal Reserve Bank of New York. See 27 CFR 25.11
  • Treatment: means any method, technique, or process designed to change the physical, chemical or biological character or composition of any metal-bearing, oily, or organic wastes to neutralize such wastes. See 40 CFR 437.2
  • Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.
  • Trustee: A person or institution holding and administering property in trust.
  • 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
  • TSS: means total suspended solids. See 40 CFR 432.2
  • TSS: means total suspended solids, Parameter 55. See 40 CFR 444.11
  • TSS: means total suspended solids. See 40 CFR 437.2
  • TSS: means total suspended solids. See 40 CFR 438.2
  • Unauthorized Use: means any use of Property acquired or improved in whole or in part for purposes not authorized by EDA Investment Assistance, PWEDA or this chapter, as set forth in §314. See 13 CFR 314.1
  • Unconditionally cancelable: means with respect to a commitment, that a national bank or Federal savings association may, at any time, with or without cause, refuse to extend credit under the commitment (to the extent permitted under applicable law). See 12 CFR 3.2
  • Underlying exposures: means one or more exposures that have been securitized in a securitization transaction. See 12 CFR 3.2
  • Unit of measure: means the level (for example, organizational unit or operational loss event type) at which the national bank's or Federal savings association's operational risk quantification system generates a separate distribution of potential operational losses. See 12 CFR 3.101
  • United States: means the States of the United States, the District of Columbia, Puerto Rico, the Virgin Islands, American Samoa, Guam, Wake Island, the Canal Zone, and the territories and possessions of the United States, and the term State means any one of the foregoing. See 14 CFR 1250.102
  • United States: means all of the States. See 13 CFR 300.3
  • United States: The States and the District of Columbia. See 27 CFR 26.11
  • USMCA: USMCA means the Agreement between the United States of America, the United Mexican States, and Canada. See 29 CFR 810.3
  • Utilities: means charges for electricity, piped or bottled gas, water, sewage disposal, fuel (oil, coal, kerosene, wood, solar energy, or other), and garbage and trash collection. See 12 CFR 1282.1
  • Vanadium: means total vanadium. See 40 CFR 437.2
  • Variation margin: means financial collateral that is subject to a collateral agreement provided by one party to its counterparty to meet the performance of the first party's obligations under one or more transactions between the parties as a result of a change in value of such obligations since the last time such financial collateral was provided. See 12 CFR 3.2
  • Variation margin agreement: means an agreement to collect or post variation margin. See 12 CFR 3.2
  • Variation margin amount: means the fair value amount of the variation margin, as adjusted by the standard supervisory haircuts under §3. See 12 CFR 3.2
  • Variation margin threshold: means the amount of credit exposure of a national bank or Federal savings association to its counterparty that, if exceeded, would require the counterparty to post variation margin to the national bank or Federal savings association pursuant to the variation margin agreement. See 12 CFR 3.2
  • Very low-income: means income not in excess of 50 percent of area median income. See 12 CFR 1281.1
  • Volatility derivative contract: means a derivative contract in which the payoff of the derivative contract explicitly depends on a measure of the volatility of an underlying risk factor to the derivative contract. See 12 CFR 3.2
  • Waste: includes aqueous, non-aqueous, and solid waste, wastewater, and/or used material. See 40 CFR 437.2
  • wet air pollution control system: means an emission control system that utilizes water to clean process or furnace off-gases. See 40 CFR 420.21
  • WHD: WHD means the Wage and Hour Division of the U. See 29 CFR 810.3
  • Wholesale: (i) A national bank's or Federal savings association's wholesale obligor is in default if:

    (A) The national bank or Federal savings association determines that the obligor is unlikely to pay its credit obligations to the national bank or Federal savings association in full, without recourse by the national bank or Federal savings association to actions such as realizing collateral (if held). See 12 CFR 3.101

  • Wholesale exposure: means a credit exposure to a company, natural person, sovereign, or governmental entity (other than a securitization exposure, retail exposure, pre-sold construction loan, or equity exposure). See 12 CFR 3.101
  • Wrong-way risk: means the risk that arises when an exposure to a particular counterparty is positively correlated with the probability of default of such counterparty itself. See 12 CFR 3.2
  • Zinc: means total zinc, Parameter 75. See 40 CFR 444.11
  • Zinc: means total zinc. See 40 CFR 437.2