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.
A currency quotation in the foreign exchange markets that expresses the amount of foreign currency required to buy or sell one unit of the domestic currency. An indirect quote is also known as a âquantity quotation,â since it expresses the quantity of foreign currency required to buy units of the domestic currency.In other words, the domestic currency is the base currency in an indirect quote, while the foreign currency is the counter currency.n indirect quote is also known as a âquantity quotation,â since it expresses the quantity of foreign currency required to buy units of the domestic currency.