United States Code

The term “par value” means— (A) in the case of stock, par value; (B) in the case of participation certificates and other equities and interests not described in subparagraph (C), f

“Passamaquoddy Indian Reservation” means those lands as defined in the Maine Implementing Act;

“Passamaquoddy Indian Territory” means those lands as defined in the Maine Implementing Act;

“Passamaquoddy Tribe” means the Passamaquoddy Indian Tribe, as constituted in aboriginal times and all its predecessors and successors in interest. The Passamaquoddy Tribe is repre

The supervisory committee shall make or cause to be made an annual audit and shall submit a report of that audit to the board of directors and a summary of the report to the member

“passenger”— (A) means an individual carried on the vessel except— (i) the owner or an individual representative of the owner or, in the case of a vessel under charter, an individu

The term “passenger aircraft” means a civil aircraft equipped so that its main deck can be used for the carriage of individuals and cannot be used principally, without major modifi

The term “passenger area” shall have the meaning given the term by the Secretary by regulation.

Except as provided in subparagraph (B), the term “passenger automobile” means any 4-wheeled vehicle— (i) which is manufactured primarily for use on public streets, roads, and highw

“passenger boardings”— (A) means, unless the context indicates otherwise, revenue passenger boardings in the United States in the prior calendar year on an aircraft in service in a

“passenger car” means a motor vehicle with motive power (except a multipurpose passenger vehicle, motorcycle, or trailer) designed to carry not more than 10 individuals.

The term “passenger-cargo combined aircraft” means a civil aircraft equipped so that its main deck can be used to carry both passengers and property (including mail) simultaneously

The term “passenger carrier” means a passenger motor vehicle, aircraft, boat, ship, train, or other similar means of transportation that is owned, leased, or provided pursuant to c

Passenger facility charge.—The term "passenger facility charge" means a charge imposed under this section.

Passenger facility revenue.—The term "passenger facility revenue" means revenue derived from a passenger facility charge.

The terms “small passenger vessel”, “uninspected passenger vessel”, and “passenger for hire” have the meaning given those terms in section 2101 of this title . / “passenger for hir

Passenger list.—The term "passenger list" means a list based on the best available information at the time of a request, of the name of each passenger aboard the aircraft

“passenger motor vehicle” means a motor vehicle with motive power designed to carry not more than 12 individuals, but does not include— (A) a motorcycle; or (B) a truck not designe

“passenger motor vehicle equipment” means— (A) a system, part, or component of a passenger motor vehicle as originally made; (B) a similar part or component made or sold for replac

The term “passenger transportation” means— (A) public transportation, as defined in section 5302 of title 49 ; (B) over-the-road bus transportation, as defined in subchapter IV, an

The term “passenger transportation system” means an entity or entities organized to provide passenger transportation using vehicles, including the infrastructure used to provide su

The terms "passenger vehicle", "light truck", and "heavy truck" have the meanings given those terms in article 1 of the automotive appendix. / For pur

The term “passenger vessel” means any vessel having berth or stateroom accommodations for more than 16 passengers. / “passenger vessel” means a vessel of at least 100 gross tons as

The term “passholder” means the person who is issued a recreation pass.

Passing score.—The term "passing score" means a minimum acceptable score or rating, consistent with applicable law, that may include a quantitative or qualitative assessm

For purposes of this paragraph, the terms “activity”, “passive activity”, and “materially participate” have the meanings given such terms by section 469. / The term “passive activi

The term “passive activity credit” means the amount (if any) by which— (A) the sum of the credits from all passive activities allowable for the taxable year under— (i) subpart D of

The term “passive activity loss” means the amount (if any) by which— (A) the aggregate losses from all passive activities for the taxable year, exceed (B) the aggregate income from

The term “passive asset” means any asset other than an asset used in carrying on a trade or business. / The term “passive asset” includes any stock in another corporation unless— (

The term “passive category income” means passive income and specified passive category income.

For purposes of this subsection, the term “passive foreign exchange gain” means— (A) real estate foreign exchange gain, (B) foreign currency gain (as defined in section 988(b)(1))

For purposes of this part, except as otherwise provided in this subpart, the term “passive foreign investment company” means any foreign corporation if— (1) 75 percent or more of t

Except as provided in paragraph (2), the term “passive income” means any income which is of a kind which would be foreign personal holding company income as defined in section 954(

Passive investment.—The term “passive investment” means an investment in which neither the investor nor any affiliate of the investor is involved in, or has the power to be involve

Except as otherwise provided in this subparagraph, the term “passive investment income” means gross receipts derived from royalties, rents, dividends, interest, and annuities.

The term “passive loss limitation activity” means— (A) any activity which involves the conduct of a trade or business, and (B) any rental activity.

the term “passive real estate ownership” means ownership of real estate for the purpose of deriving income from speculation, trade, or rental, except that such term shall not inclu

The term “passport” means any travel document issued by competent authority showing the bearer's origin, identity, and nationality if any, which is valid for the admission of the b

The term “pass-through deposit insurance” means, with respect to an employee benefit plan, deposit insurance coverage based on the interest of each participant, in accordance with

“pass-through entity” means a non-Federal entity that provides Federal awards to a subrecipient to carry out a Federal program;

The term “pass-through share insurance” means, with respect to an employee benefit plan, insurance coverage based on the interest of each participant, in accordance with regulation

For purposes of this subsection, the term “pass-thru entity” means— (A) a regulated investment company; (B) a real estate investment trust; (C) an S corporation; (D) a partnership;

The term “passthru payment” means any withholdable payment or other payment to the extent attributable to a withholdable payment.

For purposes of this subsection, the term “past-due, legally enforceable State income tax obligation” means a debt— (A) (i) which resulted from— (I) a judgment rendered by a court

In this part the term “past-due support” means the amount of a delinquency, determined under a court order, or an order of an administrative process established under State law, fo

The term “pasteurize” means the subjecting of each particle of egg products to heat or other treatments to destroy harmful viable micro-organisms by such processes as may be prescr

For purposes of this section, the term “patent” means a patent issued by the United States Patent and Trademark Office. / For purposes of this section, the term “patent” means a pa

The word “patentee” includes not only the patentee to whom the patent was issued but also the successors in title to the patentee.

The term “pathogen indicator” means a substance that indicates the potential for human infectious disease.

The term "patient" means any individual who obtains or receives services from a health care business.

The term “patient decision aid” means an educational tool that helps patients, caregivers or authorized representatives understand and communicate their beliefs and preferences rel

For purposes of this section, the term “patient experience data” includes data that— (1) are collected by any persons (including patients, family members and caregivers of patients

The term “patient movement” means the act or process of moving wounded, ill, injured, or other persons (including contaminated, contagious, and potentially exposed patients) to obt

The term “patient navigator” means an individual who has completed a training program approved by the Secretary to perform the duties listed in subsection (b).

The term “patient records” means any record relating to a patient, including a written document or a record recorded in a magnetic, optical, or other form of electronic medium.

The term "patient-reported outcome" means a measurement based on a report from a patient regarding the status of the patient's health condition without amendment or inter

The term “patient safety activities” means the following activities: (A) Efforts to improve patient safety and the quality of health care delivery. (B) The collection and analysis

The term “patient safety evaluation system” means the collection, management, or analysis of information for reporting to or by a patient safety organization.

The term “patient safety organization” means a private or public entity or component thereof that is listed by the Secretary pursuant to section 299b–24(d) of this title .

Except as provided in subparagraph (B), the term “patient safety work product” means any data, reports, records, memoranda, analyses (such as root cause analyses), or written or or

The term "Patrick Leahy Lake Champlain Basin Program" means the coordinated efforts among the Federal Government, State governments, and local governments to implement th

For purposes of this subchapter, the term “patronage dividend” means an amount paid to a patron by an organization to which part I of this subchapter applies— (1) on the basis of q

For purposes of this subsection, the terms “patronage earnings” and “patronage losses” means 1 earnings and losses, respectively, which are derived from business done with or for p

For purposes of this subsection, the terms “patronage earnings” and “patronage losses” means 1 earnings and losses, respectively, which are derived from business done with or for p

For purposes of paragraph (3)(D), the term "pattern of importing or offering for import" means importing or offering for import a drug described in clause (i) or (ii) of

The term "pattern of noncompliance" means the persistent failure— (i) of a Convention country to implement and abide by provisions of the Hague Abduction Convention; (ii)

the term “pattern or practice of assault or torture” means assault or torture engaged in on at least two occasions;

The term “pavement preservation programs and activities” means programs and activities employing a network level, long-term strategy that enhances pavement performance by using an

The term “pawnbroker” means any person whose business or occupation includes the taking or receiving, by way of pledge or pawn, of any firearm as security for the payment or repaym

“pay” means— (A) basic pay, premium pay paid under subchapter V, any payment received under subchapter VI, VII, or VIII, severance and back pay paid under subchapter IX, sick pay,

The terms “correspondent account” and “payable-through account” have the meanings given those terms in section 5318A of title 31 . / The terms “account”, “correspondent account”, a

the term “pay agent” means the agent designated by the President under section 5304(d)(1);

“pay and allowances” means— (A) basic pay; (B) special pay; (C) incentive pay; (D) basic allowance for housing; (E) basic allowance for subsistence; and (F) station per diem allowa

The term “payee statement” means any statement required to be furnished under— (A) section 6031(b) or (c), 6034A, or 6037(b) (relating to statements furnished by certain pass-thru

The term “pay for outcomes initiative” means a performance-based grant, contract, cooperative agreement, or other agreement awarded by a public entity in which a commitment is made

The term "pay-for-performance agreement" means a mutual benefit agreement (excluding a procurement contract, grant agreement, or cooperative agreement described in chapte

The term "pay-for-performance beneficiary" means a State or local government, an Indian Tribe, or a nonprofit or for-profit organization that— (A) repays capital loaned u

The term “pay-for-performance contract strategy” means a procurement strategy that uses pay-for-performance contracts in the provision of training services described in section 317

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

The term "pay-for-performance project" means a project that— (A) would provide or enhance a recreational opportunity; (B) is conducted on— (i) National Forest System land

The term "pay-for-performance project developer" means a nonprofit or for-profit organization that serves as an intermediary to assist in developing or implementing a pay

Subject to subparagraph (B), the term “pay for success initiative” means a performance-based grant, contract, or cooperative agreement awarded by a State or local public entity (su

The term “PAYGO legislation” or a “PAYGO Act” refers to a bill or joint resolution that affects direct spending or revenue relative to the baseline. The budgetary effects of change

The term “PAYGO legislation” or a “PAYGO Act” refers to a bill or joint resolution that affects direct spending or revenue relative to the baseline. The budgetary effects of change

the term “paying agent” includes any issuer, transfer agent, broker, dealer, investment adviser, indenture trustee, custodian, or any other person that accepts payments from the is

The term “paying bank” means— (i) the bank by which a check is payable, unless the check is payable at or through another bank and is sent to the other bank for payment or collecti

the term “payload” means an object which a person undertakes to launch, and includes subcomponents of the launch vehicle specifically designed or adapted for that object; / the ter

the term “payload integration services” means activities involved in integrating multiple payloads into a single payload for launch or integrating a payload with a launch vehicle;

the term “locality” or “pay locality” means any locality, as established or modified under section 5304;

The term “payment” includes— (i) any direct or indirect transfer of any funds or any asset; and (ii) any segregation of any funds or assets for the purpose of making, or pursuant t

The term “payment acres” means 85 percent of the base acres of a covered commodity on a farm, as established under section 7911 of this title , on which direct payments and counter

The term "payment amount benchmark period" means the period beginning January 1, 2021, and ending in the month immediately prior to October 1, 2021.

The term “payment amount benchmark quarter” means the calendar quarter beginning July 1, 2021.

The term “payment bond” means a bond conditioned upon the payment by the principal of money to persons under contract with him.

The term “payment calculation base” means, for any calendar year— (i) in connection with a title II disability beneficiary, the average disability insurance benefit payable under s

The term “payment card” means any card which is issued pursuant to an agreement or arrangement which provides for— (A) one or more issuers of such cards, (B) a network of persons u

The term “payment card network” means an entity that directly, or through licensed members, processors, or agents, provides the proprietary services, infrastructure, and software t

The term “payment card transaction” means any transaction in which a payment card is accepted as payment.

“payment certifying agency” means any agency that has transmitted a voucher to a disbursing official for disbursement.

The term “payment, clearing, or settlement activity” means an activity carried out by 1 or more financial institutions to facilitate the completion of financial transactions, but s