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, or Forex, is the conversion of one country's currency into that of another. In a free economy, a country's currency is valued according to factors of supply and demand.In other words, a currency's value can be pegged to another country's currency, such as the U.S. dollar, or even to a basket of currencies.A country's currency value also may be fixed by the country's government.urrency exchange of this kind is one of the demand factors for a particular currency. Another important factor of demand occurs when a foreign company seeks to do business with a company in a specific country.