615.5045—Definitions.
(a)
Cost means the actual amount paid for any asset.
(b)
Market value means the price at which a willing seller would sell to a willing buyer, neither under any compulsion to buy or sell.
(c)
Unpaid balance means total principal and accrued interest owed.
(d)
Secured interbank loan means a loan from one Farm Credit System bank to another Farm Credit System bank, secured by assets of the borrowing Farm Credit System bank.