Part 7701 Supplemental Standards of Ethical Conduct for Employees of the Institute of Museum and Library Services

Terms Used In CFR > Title 5 > Chapter LXVII

  • Agent: means an Agent member of the Facility. See 43 CFR 2541.2
  • Agent group: means an Agent member of the Facility consisting of a group of corporate credit unions, one of which is designated as the group's Agent group representative and authorized to transact business with the Facility on behalf of the group or any member of the group. See 43 CFR 2541.2
  • Budget: means the financial plan for the project or program that the Federal awarding agency or pass-through entity approves during the Federal award process or in subsequent amendments to the Federal award. See 45 CFR 75.2
  • Class of Federal awards: means a group of Federal awards either awarded under a specific program or group of programs or to a specific type of non-Federal entity or group of non-Federal entities to which specific provisions or exceptions may apply. See 45 CFR 75.2
  • Cognizant agency for indirect costs: means the Federal agency responsible for reviewing, negotiating, and approving cost allocation plans or indirect cost proposals developed under this part on behalf of all Federal agencies. See 45 CFR 75.2
  • Contract: means a legal instrument by which a non-Federal entity purchases property or services needed to carry out the project or program under a Federal award. See 45 CFR 75.2
  • Contractor: means an entity that receives a contract as defined in Contract. See 45 CFR 75.2
  • Facility advance: means an advance of funds by the Facility to a Regular or Agent member. See 43 CFR 2541.2
  • Facility lending officer: means any employee of the Facility or the National Credit Union Administration who has been designated by the NCUA Board as a Facility lending officer. See 43 CFR 2541.2
  • Fixed amount awards: means a type of grant agreement under which the Federal awarding agency or pass-through entity provides a specific level of support without regard to actual costs incurred under the Federal award. See 45 CFR 75.2
  • HHS awarding agency: means any organization component of HHS that is authorized to make and administer awards. See 45 CFR 75.2
  • Liquidity needs: means the needs of credit unions primarily serving natural persons for:

    (1) Short-term adjustment credit available to assist in meeting temporary requirements for funds or to cushion more persistent outflows of funds pending an orderly adjustment of credit union assets and liabilities. See 43 CFR 2541.2

  • Loan: means a Federal loan or loan guarantee received or administered by a non-Federal entity, except as used in the definition of Program income. See 45 CFR 75.2
  • Member: means a Regular or Agent member of the Facility, unless the context indicates otherwise. See 43 CFR 2541.2
  • Member natural person credit union: means a natural person credit union which is a member of an Agent or of any corporate credit union in an Agent group. See 43 CFR 2541.2
  • Natural person credit union: means a Federal or state-chartered credit union primarily serving natural persons. See 43 CFR 2541.2
  • Non-Federal entity: means a state, local government, Indian tribe, institution of higher education (IHE), or nonprofit organization that carries out a Federal award as a recipient or subrecipient. See 45 CFR 75.2
  • obligations: means orders placed for property and services, contracts and subawards made, and similar transactions during a given period that require payment by the non-Federal entity during the same or a future period. See 45 CFR 75.2
  • Oversight agency for audit: means the Federal awarding agency that provides the predominant amount of funding directly to a non-Federal entity not assigned a cognizant agency for audit. See 45 CFR 75.2
  • Pass-through entity: means a non-Federal entity that provides a subaward to a subrecipient to carry out part of a Federal program. See 45 CFR 75.2
  • Recipient: means an entity, usually but not limited to non-Federal entities, that receives a Federal award directly from a Federal awarding agency to carry out an activity under a Federal program. See 45 CFR 75.2
  • State: means any state of the United States, the District of Columbia, the Commonwealth of Puerto Rico, the U. See 45 CFR 75.2
  • Subaward: means an award provided by a pass-through entity to a subrecipient for the subrecipient to carry out part of a Federal award received by the pass-through entity. See 45 CFR 75.2
  • Subrecipient: means a non-Federal entity that receives a subaward from a pass-through entity to carry out part of a Federal program. See 45 CFR 75.2