12 CFR 1273.1 - Definitions.
For purposes of this part:
Bank System means the Federal Home Loan Bank System, consisting of the twelve Banks and the Office of Finance.
Chair means the chairperson of the board of directors of the Office of Finance.
Chief Executive Officer or CEO means the chief executive officer of the Office of Finance.
Consolidated obligations means any bond, debenture or note on which the Banks are jointly and severally liable and which was issued under section 11 of the Bank Act (12 U.S.C. 1431) and any implementing regulations, whether or not such instrument was originally issued jointly by the Banks or by the Federal Housing Finance Board on behalf of the Banks.
Generally accepted accounting principles or GAAP means accounting principles generally accepted in the United States.
NRSRO means a credit rating organization registered as a Nationally Recognized Statistical Rating Organization with the Securities and Exchange Commission.