47 CFR 27.210 - Definitions.

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§ 27.210 Definitions.

(a)Scope. The definitions in this section apply to § 27.209, unless otherwise specified in those sections.

(b)Small and very small business.

(1) A small business is an entity that, together with its affiliates and controlling interests, has average annual gross revenues that are not more than $40 million for the preceding three years.

(2)A very small business is an entity that, together with its affiliates and controlling interests, has average annual gross revenues that are not more than $15 million for the preceding three years.

[ 67 FR 45373, July 9, 2002, as amended at 68 FR 43000, July 21, 2003]