15 U.S. Code § 7108 - Definitions

§ 7108.
Definitions
For purposes of this chapter—
(1)
the term “Administration” means the Small Business Administration;
(2)
the term “Administrator” means the Administrator of the Small Business Administration;
(3)
the term “control” means exercising the power to make policy decisions concerning a business;
(4)
the term “Council” means the National Women’s Business Council, established under section 7105 of this title;
(5)
the term “Interagency Committee” means the Interagency Committee on Women’s Business Enterprise, established under section 7101 of this title;
(6)
the term “operate” means being actively involved in the day-to-day management of a business;
(7) the term “women’s business enterprise” means—
(A)
a business or businesses owned by a woman or a group of women; or
(B)
the establishment, maintenance, or development of a business or businesses by a woman or a group of women; and
(8) the term “women-owned business” means a small business which a woman or a group of women—
(A)
control and operate; and
(B)
own not less than 51 percent of the business.

 

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