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mechanical licensing collective budget

Defined in 1 dictionary — U.S. Code

United States Code

17 U.S.C. § 115 — as used in this section (2 versions over time)

The term “mechanical licensing collective budget” means a statement of the financial position of the mechanical licensing collective for a fiscal year or quarter thereof based on estimates of expenditures during the period and proposals for financing those expenditures, including a calculation of the collective total costs.