Title 15 — Commerce and TradeRelease 119-73

§7108 Definitions

Title 15 › Chapter CHAPTER 97— - WOMEN’S BUSINESS ENTERPRISE DEVELOPMENT › § 7108

Last updated Apr 6, 2026|Official source

Summary

Gives meanings for key words used in this chapter. Administration and Administrator mean the Small Business Administration and its head. Control means the power to make policy for a business. Operate means daily management. Council and Interagency Committee mean the National Women's Business Council and the Interagency Committee on Women's Business Enterprise. Women's business enterprise means a business owned, set up, or grown by a woman or group of women. Women-owned business means a small business women control, operate, and own not less than 51 percent.

Full Legal Text

Title 15, §7108

Commerce and Trade — Source: USLM XML via OLRC

For purposes of this chapter—

(1)the term “Administration” means the Small Business Administration;

(2)the term “Administrator” means the Administrator of the Small Business Administration;

(3)the term “control” means exercising the power to make policy decisions concerning a business;

(4)the term “Council” means the National Women’s Business Council, established under section 7105 of this title;

(5)the term “Interagency Committee” means the Interagency Committee on Women’s Business Enterprise, established under section 7101 of this title;

(6)the term “operate” means being actively involved in the day-to-day management of a business;

(7)the term “women’s business enterprise” means—

(A)a business or businesses owned by a woman or a group of women; or

(B)the establishment, maintenance, or development of a business or businesses by a woman or a group of women; and

(8)the term “women-owned business” means a small business which a woman or a group of women—

(A)control and operate; and

(B)own not less than 51 percent of the business.

Reference

Citations & Metadata

Citation

15 U.S.C. § 7108

Title 15 — Commerce and Trade

Last Updated

Apr 6, 2026

Release point: 119-73