Definitions.
16 C.F.R. § 461.1
in effectEffective: 2024-07-01As used in this part:
Business means a corporation, partnership, association, or any other entity that provides goods or services, including not-for-profit entities.
Government includes federal, state, local, and tribal governments as well as agencies and departments thereof.
Materially means likely to affect a person's choice of, or conduct regarding, goods or services.
Officer includes executives, officials, employees, and agents.
Source: eCFRURL: https://www.ecfr.gov/api/versioner/v1/full/2024-07-01/title-16.xmlFetched: 7/26/2026
