Administrative offset

Administrative offset or offset, as defined in 31 U.S.C. 3701(a)(1), means withholding money payable by the United States Government to, or held by the Government for, a person to satisfy a debt the person owes the Government.
or
as defined in31 U.S.C. 3701(a)(1), means withholding money payable by the United States Government to, or held by the Government for, a person to satisfy a debt the person owes the Government.

Source

12 CFR § 1408.3

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Scoping language

In this part (except where the term is defined elsewhere in this part), the following definitions shall apply:

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