# 12 CFR § 313.21: Definitions

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-12-313.21

## Section

- **Citation:** 12 CFR § 313.21
- **Heading:** Definitions
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** September 22, 2026
- **Source:** Publisher's official text
- **Location:** Title 12—Banks and Banking > CHAPTER III—FEDERAL DEPOSIT INSURANCE CORPORATION > SUBCHAPTER A—PROCEDURE AND RULES OF PRACTICE > PART 313—PROCEDURES FOR COLLECTION OF CORPORATE DEBT, CRIMINAL RESTITUTION DEBT, AND CIVIL MONEY PENALTY DEBT > Subpart B—Administrative Offset

## Text

(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.

## Nearby sections

- [12 CFR § 313.1 § 313.1 Scope.](https://www.frixlaw.com/law-library/statutes/ecfr-12-313.1.md)
- [12 CFR § 313.2 § 313.2 Purpose.](https://www.frixlaw.com/law-library/statutes/ecfr-12-313.2.md)
- [12 CFR § 313.3 § 313.3 Definitions.](https://www.frixlaw.com/law-library/statutes/ecfr-12-313.3.md)
- [12 CFR § 313.4 § 313.4 Delegations of authority.](https://www.frixlaw.com/law-library/statutes/ecfr-12-313.4.md)
- [12 CFR § 313.20 § 313.20 Applicability and scope.](https://www.frixlaw.com/law-library/statutes/ecfr-12-313.20.md)
- [12 CFR § 313.21 § 313.21 Definitions.](https://www.frixlaw.com/law-library/statutes/ecfr-12-313.21.md)
- [12 CFR § 313.22 § 313.22 Collection.](https://www.frixlaw.com/law-library/statutes/ecfr-12-313.22.md)
- [12 CFR § 313.23 § 313.23 Offset prior to completion of procedures.](https://www.frixlaw.com/law-library/statutes/ecfr-12-313.23.md)
- [12 CFR § 313.24 § 313.24 Omission of procedures.](https://www.frixlaw.com/law-library/statutes/ecfr-12-313.24.md)
- [12 CFR § 313.25 § 313.25 Debtor's rights.](https://www.frixlaw.com/law-library/statutes/ecfr-12-313.25.md)
- [12 CFR § 313.26 § 313.26 Interest.](https://www.frixlaw.com/law-library/statutes/ecfr-12-313.26.md)
- [12 CFR § 313.27 § 313.27 Refunds.](https://www.frixlaw.com/law-library/statutes/ecfr-12-313.27.md)
- [12 CFR § 313.28 § 313.28 No requirement for duplicate notice.](https://www.frixlaw.com/law-library/statutes/ecfr-12-313.28.md)
- [12 CFR § 313.29 § 313.29 Requests for offset to other federal agencies.](https://www.frixlaw.com/law-library/statutes/ecfr-12-313.29.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-12-313.21. Check the current official text before relying on it. Not legal advice.