Law Dictionary

For purposes of this subsection, the term “qualified intellectual property” means property described in subsection (e)(1)(B)(iii) (other than property contributed to or for the use

For purposes of this subsection, the term “qualified intellectual property contribution” means any charitable contribution of qualified intellectual property— (A) the amount of whi

The term "qualified intelligence analyst" means an intelligence analyst (as that term is defined in section 124h(j) of this title), including law enforcement personnel— (

The term “qualified interconnection property” means, with respect to an energy project which is not a microgrid controller, any tangible property— (i) which is part of an addition,

Qualified interest.—For purposes of this paragraph, the term "qualified interest" means an interest for which a deduction is allowable under subsection (a). / For purpose

For purposes of subparagraph (D), the term “qualified interest income” means the sum of the following amounts derived by the regulated investment company from sources within the Un

The term “qualified intermediary” means a nonprofit entity, which may be part of an industry or sector partnership, that demonstrates expertise in building, connecting, sustaining,

The term “qualified inventory interruption” means a regulation, request, or interruption described in subparagraph (B) but only to the extent provided in the notice published pursu

For purposes of this paragraph, the term “qualified investment credit facility” means any facility— (i) which is a qualified facility (within the meaning of section 45) described i

For purposes of this section, the term "qualified investment entity" means— (1) a regulated investment company, and (2) a real estate investment trust. (1) Interest and a

The term “qualified investments” means— (I) public debt securities of the United States, (II) obligations of a State or local government which are not in default as to principal or

For purposes of this subpart, the term "qualified investments in foreign base company shipping operations" means investments in— (A) any aircraft or vessel used in foreig

the term “qualified investor” means eligible contract participant (as defined in section 1a of this title, as in effect on December 21, 2000). / Except as provided in subparagraph

The term “qualified issuer” means a community development financial institution (or any entity designated to issue notes or bonds on behalf of such community development financial

In this section, the term “qualified item of personal property” means— (1) an animal; (2) an animal product; (3) a plant; or (4) a plant product. Except as provided in subsection (

The term "qualified items of income, gain, deduction, and loss" means items of income, gain, deduction, and loss to the extent such items are— (i) effectively connected w

The term “qualified IV–A recipient” means any individual who is certified by the designated local agency as being a member of a family receiving assistance under a IV–A program for

The term “qualified job training program” means any workforce preparation, development, or delivery program or service that is directly funded, in whole or in part, by the Departme

For purposes of this section and section 401(a)(11), the term “qualified joint and survivor annuity” means an annuity— (1) for the life of the participant with a survivor annuity f

For purposes of paragraph (1), the term “qualified joint venture” means any joint venture involving the conduct of a trade or business if— (A) the only members of such joint ventur

The term “qualified Katrina distribution” means any distribution— (i) described in section 401(k)(2)(B)(i)(IV), 403(b)(7)(A)(ii) (but only to the extent such distribution relates t

For purposes of this paragraph, the term “qualified late-year loss” means— (i) any post-October capital loss, and (ii) any late-year ordinary loss.

As used in this section, the term “qualified law enforcement officer” means an employee of a governmental agency who— (1) is authorized by law to engage in or supervise the prevent

For purposes of this paragraph, the term “qualified leasing group” means a controlled group of corporations which, for the taxable year and each of the 2 immediately preceding taxa

The term “qualified lender” means— (A) a System institution that makes loans (as defined in paragraph (5)) except a bank for cooperatives; and (B) each bank, institution, corporati

The captain has a right to retain them until the general average with which they are charged has been paid or secured... This right of retainer, therefore, is a qualified lien, to

For purposes of subclause (I), the term “qualified life insurance company” means any company which would be a life insurance company as defined in section 816 if unearned premiums

The term “qualified liquidation” means— (A) a decrease in the closing inventory of the liquidation year from the opening inventory of such year, but only if (B) the taxpayer establ

The term “qualified live theatrical production” means any production described in paragraph (2) if 75 percent of the total compensation of the production is qualified compensation

The term “qualified loan” means an obligation— (A) (i) that is secured by a fee-simple or leasehold mortgage with status as a first lien, on agricultural real estate located in the

For purposes of this paragraph, the term “qualified local bus” means any local bus— (i) which has a seating capacity of at least 20 adults (not including the driver), and (ii) whic

The term “qualified local noncommercial educational television station” means a qualified noncommercial educational television station— (A) which is licensed to a principal communi

The term “qualified lodging facility” means any lodging facility unless wagering activities are conducted at or in connection with such facility by any person who is engaged in the

The term “qualified long-term care distribution” means so much of the distributions made during the taxable year as does not exceed, in the aggregate, the least of the following: (

Qualified long-term care insurance contract.—The term “qualified long-term care insurance contract” has the meaning given such term by section 7702B of the Internal Revenue Code of

The term “qualified long-term care services” has the meaning given such term by section 7702B(c). / The term “qualified long-term care services” means necessary diagnostic, prevent

The term “qualified long-term real property” means nonresidential real property which is part of, or otherwise present at, the retail space referred to in subsection (a) and which

The term “qualified long-term unemployment recipient” means any individual who is certified by the designated local agency as being in a period of unemployment which— (A) is not le

the term “qualified loss mitigation plan” means— (A) a residential loan modification, workout, or other loss mitigation plan, including to the extent that the Secretary of the Trea

In this subparagraph, the term “qualified lottery winnings” means winnings from a sweepstakes, lottery, or pool described in paragraph (3) of section 4402 of the Internal Revenue C

The term “qualified low-income building” means any building— (A) which is part of a qualified low-income housing project at all times during the period— (i) beginning on the 1st da

The term "qualified low-income community" means any population census tract if— (I) the poverty rate for such tract is at least 20 percent, or (II) the median family inco

The term “qualified low-income community investment” means— (A) any capital or equity investment in, or loan to, any qualified active low-income community business, (B) the purchas

The term “qualified low-income housing project” means any project for residential rental property if the project meets the requirements of subparagraph (A), (B), or (C) whichever i

The term “qualified low-income taxpayer clinic” means a clinic that— (i) does not charge more than a nominal fee for its services (except for reimbursement of actual costs incurred

The term “qualified low power station” means any television broadcast station conforming to the rules established for Low Power Television Stations contained in part 74 of title 47

In this subparagraph, the term “qualified lump sum income” means income that is received as a lump sum from monetary winnings from gambling (as defined by the Secretary and includi

The term “qualified Maintenance of Certification Program practice assessment” means an assessment of a physician's practice that— (I) includes an initial assessment of an eligible

For purposes of this section, the term "qualified manufacturer" means any manufacturer of specified property which enters into an agreement with the Secretary which provi

The term “qualified marginal well” means a domestic well— (i) the production from which during the taxable year is treated as marginal production under section 613A(c)(6), or (ii)

The term “qualified medical child support order” means a medical child support order— (i) which creates or recognizes the existence of an alternate recipient's right to, or assigns

The term "qualified medical expenses" means, with respect to an account holder, amounts paid by such holder for medical care (as defined in section 213(d)) for such indiv

The term “qualified medicare beneficiary” means an individual— (A) who is entitled to hospital insurance benefits under part A of subchapter XVIII (including an individual entitled

The term “qualified mental health professionals” refers to providers of mental health services reimbursed under the medicare program carried out under title XVIII of the Social Sec

The term “qualified methanol or ethanol fuel” means any liquid at least 85 percent of which consists of methanol, ethanol, or other alcohol produced from coal (including peat).

The term “qualified microgrid” means an electrical system which— (i) includes equipment which is capable of generating not less than 4 kilowatts and not greater than 20 megawatts o

The term “qualified microturbine property” means a stationary microturbine power plant which— (i) has a nameplate capacity of less than 2,000 kilowatts, and (ii) has an electricity

The term “qualified military base realignment and closure fringe” means 1 or more payments under the authority of section 1013 of the Demonstration Cities and Metropolitan Developm

The term “qualified military benefit” means any allowance or in-kind benefit (other than personal use of a vehicle) which— (A) is received by any member or former member of the uni

For purposes of this subsection, the term “qualified military counsel” means a judge advocate made available by the Secretary of Defense for purposes of such proceedings, who— (A)

For purposes of clause (iii), the term “qualified military installation” means any military installation or facility the number of members of the Armed Forces of the United States

For purposes of this subsection, the term “qualified military service” means any service in the uniformed services (as defined in chapter 43 of title 38, United States Code) by any

For purposes of this subsection, the term “qualified mineral interest” means— (A) subsurface oil, gas, or other minerals, and (B) the right to access to such minerals.

For purposes of this section, the term “qualified mine rescue team employee” means with respect to any taxable year any full-time employee of the taxpayer who is— (1) a miner eligi

For purposes of this subsection, the term “qualified minority programming source” means a programming source which devotes substantially all of its programming to coverage of minor

The term “qualified minority shareholder” means any shareholder who owns less than 10 percent (in value) of the stock of the BHC. For purposes of the preceding sentence, the rules

The term “qualified mixture” means a mixture of alcohol and gasoline or of alcohol and a special fuel which— (i) is sold by the taxpayer producing such mixture to any person for us

The term “qualified mortgage” means a mortgage on a 1- to 4-family home that is insured under title II of the National Housing Act [ 12 U.S.C. 1707 et seq.]. / The term “qualified

For purposes of this title, the term “qualified mortgage bond” means a bond which is issued as part of a qualified mortgage issue. / The term “qualified mortgage bond” has the mean

The term "qualified mortgage credit certificate program" means any program— (i) which is established by a State or political subdivision thereof for any calendar year for

The term “qualified mortgage insurance” means— (i) mortgage insurance provided by the Department of Veterans Affairs, the Federal Housing Administration, or the Rural Housing Servi

For purposes of this title, the term “qualified mortgage issue” means an issue by a State or political subdivision thereof of 1 or more bonds, but only if— (i) all proceeds of such

The term “qualified motor vehicle operating agreement” means any agreement with respect to a motor vehicle (including a trailer) which meets the requirements of subparagraphs (B),

The term "qualified moving expense reimbursement" means any amount received (directly or indirectly) by an individual from an employer as a payment for (or a reimbursemen

"qualified MVPD buying group" means an entity that, with respect to a negotiation with a large station group for retransmission consent under this section— (i) negotiates

The term “qualified national nonprofit agency” means a nonprofit agency that— (A) has significant national experience providing services consisting of training, information, techni

Qualified national organization representing handler interests.—The term “qualified national organization representing handler interests” means an organization that the Secretary c

Qualified national organization representing importer interests.—The term “qualified national organization representing importer interests” means an organization that the Secretary

The term “qualified natural gas from geopressured brine” means any natural gas— (i) which is determined in accordance with section 503 of the Natural Gas Policy Act of 1978 to be p

The terms “qualified crude oil production” and “qualified natural gas production” mean domestic crude oil or natural gas which is produced from a qualified marginal well.

For purposes of this paragraph, the term “qualified natural gas supply contract” means any contract to acquire natural gas for resale by a utility owned by a governmental unit if t

For purposes of subparagraph (C), the term “qualified net interest income” means the qualified interest income of the regulated investment company reduced by the deductions properl

The term “qualified new energy efficient home” means a dwelling unit— (A) located in the United States, (B) the construction of which is substantially completed after the date of t

For purposes of this subsection, the term “qualified New York Liberty Bond” means any bond issued as part of an issue if— (A) 95 percent or more of the net proceeds (as defined in

For purposes of this section, the term “qualified New York Liberty Zone leasehold improvement property” means qualified leasehold improvement property (as defined in section 168(k)

The term “qualified New York Liberty Zone property” means property— (i) (I) which is described in section 168(k)(2)(A)(i), or (II) which is nonresidential real property, or residen

The term “qualified noncommercial educational television station” means any full-power television broadcast station that— (A) under the rules and regulations of the Commission in e

Qualified non-crewmember.—The term "qualified non-crewmember" means an individual, other than a member of the crew, aboard an aircraft— (A) operated by the armed forces o

The term “qualified nonelective contribution” means any employer contribution (other than a matching contribution) with respect to which— (i) the employee may not elect to have the

The term "qualified nongovernmental organization" means an organization that— (A) is not a State or unit of local government, or an agency of a State or unit of local gov

For purposes of this paragraph, the term “qualified nonguaranteed contract” means any insurance contract (including a reasonable premium stabilization reserve held thereunder) if—

For purposes of this subsection, the term “qualified nonhospital providers” means— (A) a Federally 15 qualified health center, as defined in section 1395x(aa)(4) of this title ; (B

the term "qualified nonimmigrant" means a person, or their children under the age of 18, admitted or resident pursuant to section 141 of the U.S.-RMI or U.S.-FSM Compact,

The term “qualified nonmetropolitan county” means any county that is reflected in the online tool described under subparagraph (A)(i) and— (i) that was not located in a metropolita

The term “qualified non-Native American veteran” means a veteran who— (A) is the spouse of a Native American, but (B) is not a Native American.

For purposes of subsection (d), the term “qualified nonpersonal use vehicle” means any vehicle which, by reason of its nature, is not likely to be used more than a de minimis amoun

The term “qualified nonprivate funds” means any— (A) funds directly or indirectly invested in any applicant or rural business investment company on or before May 13, 2002, by any F

The term “qualified nonprofit agency for other severely disabled” means an agency— (A) (i) organized under the laws of the United States or a State; (ii) operated in the interest o

The term “qualified nonprofit agency for other severely handicapped” means an agency— (A) organized under the laws of the United States or of any State, operated in the interest of

The term “qualified nonprofit agency for the blind” means an agency— (A) organized under the laws of the United States or of any State, operated in the interest of blind individual