§ 1650.303 - Definitions.  


Latest version.
  • For purposes of this subpart, the term administrative offset means the withholding of money payable by the Commission to, or held by the Commission for, a person to satisfy a debt the person owes to the Government. The term person means a natural person or persons, profit or non-profit corporation, partnership, association, trust, estate, consortium, or other entity which is capable of owing a debt to the United States Government except that the term does not include an agency of the United States Government or any State or a unit of a general local government. The terms agency, creditor agency, debt, employee, FCCS, FRMS and waiver shall have the meanings set forth in subpart A of this part.