similar entity
(2) Similar entity The term “similar entity” means a person that— (A) is not eligible for a loan from the Farm Credit Bank or association; and (B) has operations that are functionally similar to a person that is eligible for a loan from the Farm Credit Bank or association in that the person derives a majority of the income of the person from, or has a majority of the assets of the person invested in, the conduct of activities that are functionally similar to the activities that are conducted by an eligible person.