{"data":{"id":"us/12-cfr-615.5045","jurisdiction":"us","citation":"12 CFR 615.5045","heading":"Definitions.","body":"(a) Cost means the actual amount paid for any asset.\n(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.\n(c) Unpaid balance means total principal and accrued interest owed.\n(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.","path":["Title 12—Banks and Banking","CHAPTER VI—FARM CREDIT ADMINISTRATION","SUBCHAPTER B—FARM CREDIT SYSTEM","PART 615—FUNDING AND FISCAL AFFAIRS, LOAN POLICIES AND OPERATIONS, AND FUNDING OPERATIONS","Subpart B—Collateral"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-12.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:16Z","sha256":"6f91c6e82bf5136e0d2e05b972c2af45ee4ff155c06dab8b463d5db5457f8738","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-615.5040","next":"us/12-cfr-615.5050"},"notice":"GroundRules: Original legal text. Not legal advice."}