§1645.1. Definitions.
5 C.F.R. § 1645.1
Definitions generally applicable to the Thrift Savings Plan are set forth at 5 CFR 1690.1.
As used in this part— Accrued means that income is accounted for when earned and expenses are accounted for when incurred.
Administrative expenses means expenses described in 5 U.S.C. 8437(c)(3).
Basis means the number of shares of an investment fund upon which the calculation of a share price is based.
Business day means any calendar day for which share prices are calculated.
Forfeitures means amounts forfeited to the TSP pursuant to 5 U.S.C. 8432(g)(2) and other non-statutory forfeited amounts, net of restored forfeited amounts.
Notes, amendments, and revision history
Authority
Authority: 5 U.S.C. 8439(a)(3) and 8474.
Source
Source: 68 FR 35502, June 13, 2003, unless otherwise noted.