12 USC 635t - Definitions

For 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

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(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.