lowest 3-month rate
Defined in 1 dictionary — U.S. Code
United States Code
26 U.S.C. § 1274 — for purposes of this section
For purposes of subparagraph (A), the term “lowest 3-month rate” means the lowest of the applicable Federal rates in effect for any month in the 3-calendar-month period ending with the 1st calendar month in which there is a binding contract in writing for such sale or exchange.