United States Code

The term “limited access system” means a system that limits participation in a fishery to those satisfying certain eligibility criteria or requirements contained in a fishery manag

The term “limited buydown” means, subject to the conditions described in section 603(b)(4)(C), a buydown of the interest rate by the obligor if the interest rate has increased betw

The term “limited download” means a digital transmission of a sound recording of a musical work in the form of a download, where such sound recording is accessible for listening on

“limited emergency appointee” means an individual appointed under a nonrenewable appointment, not to exceed 18 months, to a Senior Executive Service position established to meet a

The term “limited English proficient” has the meaning given the term “English learner” in section 7801 of this title . / The term “limited English proficient” has the meaning given

For purposes of this subsection, the term “limited entrepreneur” means a person who— (A) has an interest in an enterprise other than as a limited partner, and (B) does not actively

For purposes of this paragraph, the term “limited equity cooperative housing” means any dwelling unit which a person is entitled to occupy by reason of his ownership of stock in a

As used in this subsection, the term “limited global import quota” means a quantity of imports that is not subject to the over-quota tariff rate of a tariff-rate quota.

Limited incumbent air carrier.—The term “limited incumbent air carrier” has the meaning given that term in subpart S of part 93 of title 14, Code of Federal Regulations; except tha

The term “limited liability company” means a business entity that is organized and operating in accordance with a State limited liability company law approved by the Secretary. / t

The term “limited-life regulated entity” means an entity established by the Agency under section 4617(i) of this title with respect to a Federal Home Loan Bank in default or in dan

Except as provided in paragraph (5), as used in this subsection, the term “limited partnership rollup transaction” means a transaction involving the combination or reorganization o

The term “limited recipient” means any legal entity established under State or Federal law benefiting more than twenty-five natural persons.

The term “limited retail dealer” means any fraternal, civic, church, labor, charitable, benevolent, or ex-servicemen's organization making sales of distilled spirits, wine or beer

The term “limited risk plan” means a prescription drug plan that provides basic prescription drug coverage and for which the PDP sponsor includes a modification of risk level descr

“limited term appointee” means an individual appointed under a nonrenewable appointment for a term of 3 years or less to a Senior Executive Service position the duties of which wil

the term “limited time appointee” means an annuitant appointed under a temporary appointment limited to 1 year or less. / the term “limited time appointee” means an annuitant appoi

In subparagraph (A), the term “limiting charge” means, with respect to a service furnished— (i) in 1989, 125 percent of the amount specified for the service in the appropriate fee

No carrier shall undertake the construction of a new line or of an extension of any line, or shall acquire or operate any line, or extension thereof, or shall engage in transmissio

The term “lineal descendant” means an individual that can trace, directly and without interruption, the ancestry of the individual through the traditional kinship system of an Indi

In this subparagraph, the term “line extension” means, with respect to a drug, a new formulation of the drug, such as an extended release formulation, but does not include an abuse

The term “line of business” means a category for the reporting of loss payment patterns determined on the basis of the annual statement for fire and casualty insurance companies fo

The term “line of credit” means an arrangement or agreement between the lender and the borrower whereby a loan is paid out by the lender to the borrower in annual installments, or

The term "line organization" means, with respect to a department or agency of the Federal Government, an organization that executes programs and activities to directly ad

For purposes of this subsection, the term "LI NET eligible individual" means a part D eligible individual who— (A) meets the requirements of clauses (ii) and (iii) of sub

Linguistic Services Defined.—In this section, the term “linguistic services” means translation or interpretation of communication in a foreign language.

“liquefied natural gas” means natural gas in a liquid or semisolid state;

“liquefied natural gas accident” means a release, burning, or explosion of liquefied natural gas from any cause, except a release, burning, or explosion that, under regulations pre

“liquefied natural gas conversion” means conversion of natural gas into liquefied natural gas or conversion of liquefied natural gas into natural gas;

"liquefied natural gas pipeline facility"— (A) means a gas pipeline facility used for transporting or storing liquefied natural gas, or for liquefied natural gas conversi

the term “liquid and readily-marketable” has the meaning given the term in section 249.3 of title 12, Code of Federal Regulations, or any successor thereto; and

The term “liquid assets” means cash, marketable securities, and such other assets as specified by the Secretary in regulations. / The term "liquid assets" means cash, mar

Whenever any insured State-chartered credit union shall have been closed by action of its board of directors or by the commission, board, or authority having supervision of such cr

For purposes of this subchapter, the term “liquidation of a partner’s interest” means the termination of a partner’s entire interest in a partnership by means of a distribution, or

The term “liquidation period” means the period— (i) beginning on the date of the adoption of the plan of liquidation, and (ii) ending at the close of the 90th day after such date.

The term “liquidation proceeding” means any proceeding for the liquidation of a debtor under this chapter in which a trustee has been appointed under section 78eee(b)(3) of this ti

The term “liquidation, put, call, or conversion right” means any liquidation, put, call, or conversion right, or any similar right, the exercise or nonexercise of which affects the

The term “liquidation sale” means a judicial sale or other disposition of real property to liquidate a defaulted loan that is secured by such property.

The term “liquidation year” means the taxable year in which occurs the qualified liquidation to which this section applies.

The term “liquidity event” means— (A) an exceptional and broad reduction in the general ability of financial market participants— (i) to sell financial assets without an unusual an

"liquidity needs" means the needs of credit unions primarily serving natural persons for— (A) short-term adjustment credit available to assist in meeting temporary requir

The term “liquidity shortfall” means, with respect to any required installment, an amount equal to the excess (as of the last day of the quarter for which such installment is made)

Notwithstanding section 1261(f)(2) of this title and section 2052(a)(5) of this title , the term “liquid nicotine container” means a package (as defined in section 2 of the Poison

For purposes of this subchapter the term “liquid sugar” means a substantially colorless pure sugar and water solution containing not less than 60 percent pure sugar by weight (60 d

The term “liquor store” means any retail establishment which sells exclusively or primarily intoxicating liquor. Such term does not include a grocery store which sells both intoxic

The term "list" means the list of recognized tribes published by the Secretary pursuant to section 479a–1 of this title. / The term “list” means the list of recognized tr

The term "listed agents and toxins" means biological agents and toxins listed pursuant to subsection (a)(1). / The term “listed agents and toxins” means biological agents

The term "listed agents or toxins" means biological agents or toxins listed pursuant to subsection (a)(1). / The term “listed agents or toxins” means biological agents or

As used in this section, the terms “controlled substance” and “listed chemical” have the meaning given such terms in section 802 of title 21 . / The terms "narcotic drug"

The term "listed IUU vessel" means a vessel that is included in a list of vessels having engaged in IUU fishing or fishing-related activities in support of IUU fishing th

The term “listed option” means any option (other than a right to acquire stock from the issuer) which is traded on (or subject to the rules of) a qualified board or exchange.

Except as provided in subparagraph (B), the term "listed property" means— (i) any passenger automobile, (ii) any other property used as a means of transportation, (iii) a

The term “listed transaction” has the meaning given such term by section 6707A(c)(2). / The term “listed transaction” means a reportable transaction which is the same as, or substa

The term “list I chemical” means a chemical specified by regulation of the Attorney General as a chemical that is used in manufacturing a controlled substance in violation of this

The term "list II chemical" means a chemical (other than a list I chemical) specified by regulation of the Attorney General as a chemical that is used in manufacturing a

The term "List of Material Interested Parties" means the List of Material Interested Parties established under subsection (c)(1).

The term “list of WTC-related health conditions” means— (A) for WTC responders, the health conditions listed in section 300mm–22(a)(3) of this title ; and (B) for screening-eligibl

“lists of actual voters” shall mean the official lists of persons actually voting in either the most recent State or the most recent Federal general election;

The term “literacy” means an individual's ability to read, write, and speak in English, compute, and solve problems, at levels of proficiency necessary to function on the job, in t

The term “litigation support contractor” means a contractor (including an expert or technical consultant) under contract with the Department of Defense to provide litigation suppor

The term “little cigar” means any roll of tobacco wrapped in leaf tobacco or any substance containing tobacco (other than any roll of tobacco which is a cigarette within the meanin

“Litvinov Assignment” means (A) the communication dated November 16, 1933, from Maxim Litvinov to President Franklin D. Roosevelt, wherein the Soviet Government assigned to the Gov

The term “live poultry dealer” means any person engaged in the business of obtaining live poultry by purchase or under a poultry growing arrangement for the purpose of either slaug

The term "livestock" means cattle, elk, reindeer, bison, horses, deer, sheep, goats, swine, poultry (including egg-producing poultry), llamas, alpacas, live fish, crawfis

In this subsection, the term “livestock commodity” includes cattle, sheep, swine, goats, and poultry, including pasture, rangeland, and forage as a source of feed for that livestoc

The term “livestock producer” means— (A) a person that is actively engaged in farming and that receives a substantial amount of total income from the production of grain or livesto

The term “livestock products” means all products and byproducts (other than meats and meat food products) of the slaughtering and meat-packing industry derived in whole or in part

As used in this section, the term “living marine resources” includes fish, marine mammals, sea turtles, and seabirds and other waterfowl.

“living stage” includes the egg, pupal, and larval stages as well as any other living stage; and / “Living stage” includes the egg, pupal, and larval stages as well as any other li

“LNG terminal” includes all natural gas facilities located onshore or in State waters that are used to receive, unload, load, store, transport, gasify, liquefy, or process natural

The term “load charge” means any sales or similar charge incurred by a person in acquiring stock of a regulated investment company. Such term does not include any charge incurred b

For purposes of clause (i), the term “load loss transaction” means any wholesale or retail sale of electric energy (other than to members) to the extent that the aggregate sales du

The term “load management technique” means any technique (other than a time-of-day or seasonal rate) to reduce the maximum kilowatt demand on the electric utility, including ripple

The term “load-serving entity” means a distribution utility or an electric utility that has a service obligation. / The term “load-serving entity” has the meaning given the term in

For purposes of this subsection, the term “loan” includes obligations and extensions or advances of credit. / Subject to subparagraph (B), the term “loan” means a loan made to a fa

the term “loan commitment” means a prospective mortgagee's written confirmation of its approval, including any applicable closing conditions, of the application of a prospective mo

The term “loan commodity” means each contract commodity, extra long staple cotton, and oilseed. / The term “loan commodity” means wheat, corn, grain sorghum, barley, oats, upland c

In this paragraph, the term “loan cost” has the meaning given the term “cost of a loan guarantee” under section 661a(5)(C) of title 2 .

The term “loan guarantee” means any guarantee, insurance, or other pledge with respect to the payment of all or a part of the principal or interest on any debt obligation of a non-

The term “loan guarantee commitment” means a binding agreement by a Federal agency to make a loan guarantee when specified conditions are fulfilled by the borrower, the lender, or

The term “loan originator”— (i) means an individual who— (I) takes a residential mortgage loan application; and (II) offers or negotiates terms of a residential mortgage loan for c

The term “loan processor or underwriter” means an individual who performs clerical or support duties at the direction of and subject to the supervision and instruction of— (i) a St

The term "Loan Repayment Program" means the National Health Service Corps Loan Repayment Program established under section 254l–1 of this title.

The term “loans” includes obligations and extensions or advances of credit; and any reference to a loan or investment includes an interest in such a loan or investment.

the term “loans and extensions of credit” shall include— (A) all direct or indirect advances of funds to a person made on the basis of any obligation of that person to repay the fu

The term “loan service program” means, with respect to a farmer program borrower, a primary loan service program or a preservation loan service program.

The term “lobbying activities” means lobbying contacts and efforts in support of such contacts, including preparation and planning activities, research and other background work th

The term “lobbying contact” means any oral or written communication (including an electronic communication) to a covered executive branch official or a covered legislative branch o

The term “lobbying expenditures” means expenditures for the purpose of influencing legislation (as defined in subsection (d)). / The term “lobbying expenditures” means expenditures

The term “lobbying firm” means a person or entity that has 1 or more employees who are lobbyists on behalf of a client other than that person or entity. The term also includes a se

The term “lobbyist” means any individual who is employed or retained by a client for financial or other compensation for services that include more than one lobbying contact, other

The term “local” and “locality” means any local government authority or agency or component thereof within a State having jurisdiction over matters at a county, municipal, or other

The term “local access and transport area” or “LATA” means a contiguous geographic area— (A) established before February 8, 1996, by a Bell operating company such that no exchange

For purposes of this section and section 6416(b)(1), the term “local advertising” means only advertising which— (A) is initiated or obtained by the purchaser or any subsequent vend

The term “local agency” means an agency of a unit of general local government or of an Indian tribe (or combination of such units or tribes) which has an agreement with the designa

The term "local and private sector contribution" means the funds available at the local level (by private financial institutions, State and local governments) or by any p

The term "local area" means a local workforce investment area designated under section 2831 of this title. / In this section, the term “local area” means the smallest geo

The term “local arts agency” means a community organization, or an agency of local government, that primarily provides financial support, services, or other programs for a variety

The term “local assessment” means an academic assessment selected and carried out by a local educational agency that is separate from an assessment required under section 6311(b)(2

The term "local board" means a local workforce investment board established under section 2832 of this title. / The term “local board” means a local workforce development