In the ordinary course of business

In the ordinary course of business means occurring or reasonably expected to occur in carrying out or furthering any business purpose, or in the case of an individual, in the course of any activity for profit or the management or preservation of property.

Source

12 CFR § 221.2

---

Scoping language

The terms used in this part have the meanings given them in section 3 of the Act or as defined in this section as follows:

---

Is this correct? or