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pay-for-performance investor

Defined in 1 dictionary — U.S. Code

United States Code

16 U.S.C. § 8463 — in this section

The term "pay-for-performance investor" means a State or local government, an Indian Tribe, or a nonprofit or for-profit organization that provides upfront loaned capital for a pay-for-performance project with the expectation of a financial return dependent on a project outcome.