Section 635t - DefinitionsFor purposes of this subchapter-
(1) the term "tied aid credit" means credit- (A) which is provided for development aid purposes;(B) which is tied to the purchase of exports from the country granting the credit;(C) which is financed either exclusively from public funds, or, as a mixed credit, partly from public and partly from private funds; and(D) which has a grant element, as defined by the Development Assistance Committee of the Organization for Economic Cooperation and Development, greater than zero percent;(2) the term "government-mixed credits" means the combined use of credits, insurance, and guarantees offered by the Export-Import Bank of the United States with concessional financing or grants offered by the Agency for International Development to finance exports;(3) the term "public-private cofinancing" means the combined use of either official development assistance or official export credit with private commercial credit to finance exports;(4) the term "blending of financings" means the use of various combinations of official development assistance, official export credit, and private commercial credit, integrated into a single package with a single set of financial terms, to finance exports;(5) the term "parallel financing" means the related use of various combinations of separate lines of official development assistance, official export credits, and private commercial credit, not combined into a single package with a single set of financial terms, to finance exports; and(6) the term "Bank" means the Export-Import Bank of the United States. Pub. L. 98-181 title I [title VI, §647], Nov. 30, 1983, 97 Stat. 1265. - credit
- The term "credit" means the right granted by a person to a consumer to defer payment of a debt, incur debt and defer its payment, or purchase property or services and defer payment for such purchase.