Health Center Program Terms and Definitions. of (a) the capitalization level established by the organization for the financial statement. purposes or (b) $5,000. Existing Grantee: An organization currently funded under the Health Center Program, authorized under section 330 of the Public Health Service Act, as amended. Federally Qualified Health Center (FQHC): Per Section 1905(l)(2)(B) of the Social. Security Act (42 USC 1396d), a FQHC means an entity which --.
DEFINITION of 'Foreign Draft'. An alternative to foreign currency. A foreign draft is a bank draft which is drawn on a financial institution in the country of currency. They can be purchased at commercial banks and usually have a fee depending on the institution and the type of account you hold.
Foreign Exchange Transaction Law & Legal Definition. Foreign exchange transaction is a type of currency transaction that involves two countries.Generally, a foreign exchange transaction involves conversion of currency of one country with that of another. The conversion of currency in a foreign exchange transaction can be performed through :1. buying or selling of goods and services on credit;2. borrowing or lending funds. A foreign exchange transaction is usually carried out in foreign exchange markets. An example of a foreign exchange transaction is where a person buys dollars and sells pounds.. buying or selling of goods and services on credit; 2. borrowing or lending funds. A foreign exchange transaction is usually carried out in foreign exchange markets. An example of a foreign exchange transaction is where a person buys dollars and sells pounds.