As used in this part:

(a) Assessment period means January 1 through December 31 of each calendar year.

(b) Bank means an insured depository institution as defined in section 3 of the Federal Deposit Insurance Act (12 U.S.C. 1813).

(c) Bank holding company is defined as in section 2 of the Bank Holding Company Act of 1956 (12 U.S.C. 1841), and the Board's Regulation Y (12 CFR part 225).

(d) Company means a corporation, partnership, limited liability company, depository institution, business trust, special purpose entity, association, or similar organization.

(e) Council means the Financial Stability Oversight Council established by section 111 of the Dodd-Frank Act (12 U.S.C. 5321).

(f) Foreign bank holding company means a foreign bank that is a bank holding company and any foreign company that owns such foreign bank.

(g) Foreign savings and loan holding company means a foreign bank or foreign company that is a savings and loan holding company.

(h) GAAP means generally accepted accounting principles, as used in the United States.

(i) Grandfathered unitary savings and loan holding company means a savings and loan holding company described in section 10(c)(9)(C) of the Home Owners' Loan Act (“HOLA”) (12 U.S.C. 1467a(c)(9)(C)).

(j) Nonbank financial company supervised by the Board means a company that the Council has determined pursuant to section 113 of the Dodd-Frank Act shall be supervised by the Board and for which such determination is in effect.

(k) Notice of assessment means the notice in which the Board informs a company that it is an assessed company and states the assessed company's total assessable assets and the amount of its assessment.

(l) Savings and loan holding company is defined as in section 10 of HOLA (12 U.S.C. 1467a).

(m) Savings association is defined as in section 3 of the Federal Deposit Insurance Act (12 U.S.C. 1813).