49 CFR § 511.62 - Definitions.

---
identifier: "/us/cfr/t49/s511.62"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "49 CFR § 511.62 - Definitions."
title_number: 49
title_name: "Transportation"
section_number: "511.62"
section_name: "Definitions."
chapter_name: "NATIONAL HIGHWAY TRAFFIC SAFETY ADMINISTRATION, DEPARTMENT OF TRANSPORTATION"
part_number: "511"
part_name: "ADJUDICATIVE PROCEDURES"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "15 U.S.C. 2002; delegation of authority at 49 CFR 1.50."
regulatory_source: "45 FR 81578, Dec. 11, 1980, unless otherwise noted."
cfr_part: "511"
---


# 511.62 Definitions.

*Average fuel economy standard* means an average fuel economy standard established by or pursuant to the Motor Vehicle Information and Cost Savings Act.

*Insolvency* means the inability to meet expenses when due.

*Settlement* means a compromise, modification, or remission of a civil penalty assessed under this part for a violation of an average fuel economy standard.