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.
Reserve currency. A reserve currency (or anchor currency) is a currency that is held in significant quantities by governments and institutions as part of their foreign exchange reserves. The reserve currency is commonly used in international transactions, international investments and all aspects of the global economy.