§2279bb Definitions

Summary

Lists key words used in this part and explains what each means. Compensation means money or anything else of real or possible value given because of work. Core capital means, for the Corporation, the total of the par value of outstanding common stock, the par value of outstanding preferred stock, paid-in capital, and retained earnings, as calculated under generally accepted accounting principles. Director means the person who leads the Farm Credit Administration’s Office that oversees secondary markets. Office means that same Office of Secondary Market Oversight. Regulatory capital means core capital plus an allowance for losses and guarantee claims, as calculated under generally accepted accounting principles. State means the 50 States, the District of Columbia, Puerto Rico, the Northern Mariana Islands, Guam, the Virgin Islands, American Samoa, the Trust Territory of the Pacific Islands, and any other U.S. territory or possession.