# 1002.102 Definitions.
In this subpart:
(a) *Affiliate* means, with respect to a financial institution, any company that controls, is controlled by, or is under common control with, another company, as set forth in the Bank Holding Company Act of 1956 (12 U.S.C. 1841 *et seq.*). With respect to a business or an applicant, *affiliate* shall have the same meaning as in 13 CFR 121.103.
(b) *Applicant* means any person who requests or who has received an extension of business credit from a financial institution.
(c) *Business* is defined in § 1002.106(a).
(d) *Business credit* shall have the same meaning as in § 1002.2(g).
(e) *Closed-end credit transaction* means an extension of business credit that is not an open-end credit transaction under paragraph (n) of this section.
(f) *Covered application* is defined in § 1002.103.
(g) *Covered credit transaction* is defined in § 1002.104.
(h) *Covered financial institution* is defined in § 1002.105(b).
(i) *Credit* shall have the same meaning as in § 1002.2(j).
(j) *Financial institution* is defined in § 1002.105(a).
(k) *LGBTQI+ individual* includes an individual who identifies as lesbian, gay, bisexual, transgender, queer, or intersex.
(l) *LGBTQI+-owned business* means a business for which one or more LGBTQI+ individuals hold more than 50 percent of its ownership or control, and for which more than 50 percent of the net profits or losses accrue to one or more such individuals.
(m) *Minority-owned business* means a business for which one or more American Indian or Alaska Native, Asian, Black or African American, Native Hawaiian or Other Pacific Islander, or Hispanic or Latino individuals hold more than 50 percent of its ownership or control, and for which more than 50 percent of the net profits or losses accrue to one or more such individuals.
(n) *Open-end credit transaction* means an open-end credit plan as defined in Regulation Z, 12 CFR 1026.2(a)(20), but without regard to whether the credit is consumer credit, as defined in § 1026.2(a)(12), is extended by a creditor, as defined in § 1026.2(a)(17), or is extended to a consumer, as defined in § 1026.2(a)(11).
(o) *Principal owner* means an individual who directly owns 25 percent or more of the equity interests of a business.
(p) *Small business* is defined in § 1002.106(b).
(q) *Small business lending application register* or *register* means the data reported, or required to be reported, annually pursuant to § 1002.109.
(r) *State* shall have the same meaning as in § 1002.2(aa).
(s) *Women-owned business* means a business for which more than 50 percent of its ownership or control is held by one or more women, and more than 50 percent of its net profits or losses accrue to one or more women.