Eligible FMS advance
Eligible FMS advance means any FMS Advance which:
(1) Was outstanding on December 22, 1987;
(2) Has principal amounts becoming due and payable after September 30, 1989; and
(3) Bears interest at a rate equal to or greater than 10 percentum per annum.
Source
31 CFR § 25.100
Scoping language
In this part, unless the context indicates otherwise: