Subpart A General
Subpart B Qualifications for Prepayment
Subpart C Procedures
Subpart D Form of Private Loan

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Terms Used In 31 CFR Part 25 - Prepayment of Foreign Military Sales Loans Made by the Defense Security Assistance Agency and Foreign Military Sales Loans Made by the Federal Financing Bank and Guaranteed by the Defense Security Assistance Agency

  • cylinder: includes a UN pressure receptacle. See 49 CFR 173.301
  • Dependent: A person dependent for support upon another.
  • 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.
  • 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