Dodd-Frank: Definitions

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Terms Defined within the Dodd-Frank Act


Title I:
  1. Financial Institution: 12 U.S.C. § 5462(5).

  2. Nonbank Financial Company: 12 U.S.C. § 5311(a)(4)(B).

  3. Bank Holding Company: 12 U.S.C. § 1841(a)(1).


Title II:
  1. Financial Institution: 12 U.S.C. § 5462(5).
  2. Bridge Financial Organization: 12 U.S.C. § 5381(a)(3).
  3. Broker: 15 U.S.C. § 78c(a)(4).
  4. Dealer: 15 U.S.C. § 78c(a)(5).

Title III:
  1. Savings Association: 12 U.S.C. § 1813(b).
  2. Non-interest Bearing Transaction Account: 12 C.F.R. § 370.2(h)

Title IV:
  1. Investment Adviser 15 U.S.C. § 80b-2(a)(11).
  2. Accredited Investor: 17 C.F.R. § 230.215.
  3. Investment Company: 15 U.S.C. § 80a-3.
  4. Venture Capital Fund: still waiting to be defined under 15 U.S.C. § 80a-3(l).
  5. Intrastate Adviser: 15 U.S.C. § 80a-3(b)(1).

Title V:

  1. Non-admitted Insurance: 15 U.S.C. § 8206(9).

  2. Nonbank Financial Company: 12 U.S.C. § 5311(a)(4)(B).

  3. Premium Tax: 15 U.S.C. § 8206(12).

  4. Reinsurance: 15 U.S.C. § 8206(14).

  5. State of Domicile: 15 U.S.C. § 8223(2).

  6. Surplus Lines Broker: 15 U.S.C. § 8206(15).

Title VI:

  1. Bank Holding Company: 12 U.S.C. § 1841(a)(1).

  2. Savings and Loan Holding Company: 12 U.S.C. § 1467a(a)(1)(D).

  3. Proprietary Trading: 12 U.S.C. § 1851(b)(4).

  4. Depository Institution: 12 U.S.C. § 1813(c)(1).

  5. Financial Holding Company: 12 U.S.C. § 1841(p).

  6. Derivative Transaction: 12 U.S.C. § 84(b)(3)

  7. Repurchase Agreement/Reverse Repurchase Agreement: 12 U.S.C. § 5390(v)

  8. Banking Entity: 12 U.S.C. § 1851(h)(1)

  9. Nonbank Financial Company: 12 U.S.C. § 5311(a)(4)(B).

  10. Interest-Bearing Transaction Account:


Title VII:
  1. Eligible Contract Participant: 7 U.S.C. § 1a(18)
  2. Foreign Exchange Swap: 7 U.S.C. § 1a(25).
  3. Major Swap Participant: 7 U.S.C. § 1a(33).
  4. Swap: 7 U.S.C. § 1a(47).
  5. Security-Based Swap: 15 U.S.C. § 78c(a)(68).
  6. Swap Dealer: 7 U.S.C. § 1a(49).
  7. Security-Based Swap Dealer: 7 U.S.C. § 1a(43).
  8. Major Security-Based Swap Participant: 7 U.S.C. § 1a(32).
  9. Security-Based Swap Agreement: 15 U.S.C. § 78c(a)(78)
  10. Designated Contract Market: 7 U.S.C. § 7(d).
  11. Swap Data Repository: 7 U.S.C. § 1a(48).
  12. Security-Based Swap Data Repository: 15 U.S.C. § 78c(a)(75)

Title VIII:
  1. Financial Market Utility: 12 U.S.C. § 5462(6).
  2. Security-Based Swap: 15 U.S.C. § 78c(a)(68).
  3. Financial Institution: 12 U.S.C. § 5462(5).

Title IX:
  1. Federal banking agency: 15 U.S.C. § 5301(10).
  2. Originator: 15 U.S.C. § 78o-11(a)(4).
  3. Qualified Residential Mortgage: 15 U.S.C. § 78o-11(e)(4)(B).
  4. Securitizer: 15 U.S.C. § 78o-11(a)(3).

Title X:
  1. Covered Persons/Non-depository Covered Persons: waiting to be defined under 12 U.S.C. § 5514(a)(2).
  2. Visitorial Authority/Powers: 12 C.F.R. § 7.4000.
  3. Federal Consumer Financial Laws: 12 U.S.C. § 5481(14)

Title XI:
  1. Credit facility: 31 U.S.C. § 714(f)(1)(A)
  2. Financial Institution: 12 U.S.C. § 5462(5)
  3. Insured Depository Institution: means any insured depository institution (as that term is defined in 12 U.S.C. § 1813(c)(2)) and any insured credit union (as that term is defined in 12 U.S.C. 1752).
  1. Insured Depository Institution Holding Company: 12 U.S.C. § 1813(w)(1)

Title XIV:

Title XVI:
  1. Swap: 7 U.S.C. § 1a(47)

Terms Needing Plain Language Definitions


Title I:
  1. Contingent Capital
  2. Off Balance-Sheet Expenses
  3. Short-term Debt
  4. Credit Exposure
  5. Liquidity
  6. Parent Company
  7. Systemic Risk

Title II:
  1. Credit Exposure
  2. Investment Bank
  3. Counterparty
  4. Systemic Risk

Title III:
  1. Risk-based System
  2. Procyclical
  3. Dual Banking System (state and federal)

Title IV:
  1. Systemic Risk
  2. Counterparty
  3. Credit Exposure

Title V:
  1. Supervisory Authority (of an agency): [in this context, the authority to monitor, inspect, and examine agency’s health and compliance with laws]
  2. Surplus Lines Insurance

  3. NAIC-accreditation: in the terms of the insurance industry, accreditation is a certification given to a state insurance department once it has demonstrated it has met and continues to meet an assortment of legal, financial and organizational standards as determined by a committee of its.  NAIC provides a list of accredited states.

Title VI:

  1. Capital Requirements:

  2. Countercyclical:

  3. Securities Lending Transaction:

  4. Securities Borrowing Transaction:

  5. Interest-Bearing Transaction Account:

  6. Demand Deposit:

Title VII:

  1. Foreign Exchange Future:

  1. Clearinghouse:

Title VIII:
  1. Systemic Risk:

Title XIV:
  1. Debt Acceleration:
  2. Mortgage Prepayment Fee:
  3. Mortgage Point:
  4. Impound Account:

Title XV:
  1. Core Deposit:
  2. Brokered Deposit:

Title XVI:
  1. Interest Rate Swap:
  2. Credit Default Swap:
  3. Interest Rate Cap:
  4. Interest Rate Floor:
  5. Commodity Swap:
  6. Equity Swap:
  7. Equity Index Swap:
  8. Securities Futures Contract:
  9. Option on Securities Futures Contract:
  10. Currency Swap:
  11. Basis Swap: