---
kind: "section"
citation: "12 C.F.R. § 313.21"
title: "12"
number: "313.21"
heading: "Definitions."
url: "https://uscodex.org/cfr/12/313.21"
---

# §313.21. Definitions.

- (a) Administrative offset means withholding funds payable by the United States to, or held by the United States for, a person to satisfy a debt.
- (b) **Person—** includes a natural person or persons, profit or nonprofit corporation, partnership, association, trust, estate, consortium, or other entity which is capable of owing a debt to the United States Government except that agencies of the United States, or any state or local government shall be excluded.

## Notes

### Authority

Authority: 5 U.S.C. 5514; 12 U.S.C. 1818(i), 1819(a); Pub. L. 104-134, 110 Stat. 1321 (31 U.S.C. 3701, 3711, 3716).

### Source

Source: 67 FR 48527, July 25, 2002, unless otherwise noted.