7 CFR § 1770.27 - Definitions.

---
identifier: "/us/cfr/t7/s1770.27"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "7 CFR § 1770.27 - Definitions."
title_number: 7
title_name: "Agriculture"
section_number: "1770.27"
section_name: "Definitions."
chapter_name: "RURAL UTILITIES SERVICE, DEPARTMENT OF AGRICULTURE"
part_number: "1770"
part_name: "ACCOUNTING REQUIREMENTS FOR RUS TELECOMMUNICATIONS BORROWERS"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "7 U.S.C. 901  7 U.S.C. 1921  Pub. L. 103-354, 108 Stat. 3178 (7 U.S.C. 6941 )."
regulatory_source: "55 FR 3388, Feb. 1, 1990, unless otherwise noted."
cfr_part: "1770"
---


# 1770.27 Definitions.

As used in this part:

*Borrower* is an RUS telecommunications borrower.

*Cushion of Credit Account* is a 5 percent interest bearing account established by RUS in which all voluntary payments or overpayments on Rural Electric and Telephone Revolving Funds after October 1, 1987, are deposited.

*FCC* is the Federal Communications Commission.

*Part 32* is 47 CFR part 32, Uniform System of Accounts, issued by the Federal Communications Commission.

*RAO* is the Responsible Accounting Officer of the Federal Communications Commission.

*RE Act* is the Rural Electrification Act of 1936, as amended (7 U.S.C. 901 *et seq.*).

*RETRF* is the Rural Electric and Telephone Revolving Fund.

*RTB* is the Rural Telephone Bank.

*RUS* is the Rural Utilities Service, an agency of the United States Department of Agriculture, or its predecessor or successor.