Treasury Offset Program definition

Treasury Offset Program. The Online Client Agency User Guide,” Web Version Release 3.0, as updated from time-to-time; and
Treasury Offset Program or “TOP” means Fiscal Service’s debt matching and payment offset program that uses payment and debt data received from Federal agencies and States to collect delinquent debt from payments disbursed by Fiscal Service and other Federal and State disbursing agencies.
Treasury Offset Program. Enhanced Record Layouts Version 3.12.1 with Definitions, Error Codes and Layout Mapping,” as updated from time-to- time;

Examples of Treasury Offset Program in a sentence

  • The provisions of this Certification Agreement apply to all Debts submitted by Electronic Transmission before, on, or after the date of the Certification Agreement by the Creditor Agency to Fiscal Service for collection through the Centralized Receivables Service (CRS), the Cross-Servicing Program, and/or the Treasury Offset Program (TOP).

  • We may also submit your account to the Federal Treasury Offset Program.

  • Further, the Requestor may also be subjected to cross servicing referral and enrollment in the Treasury Offset Program, collection procedures, credit bureau reporting, and litigation by the Department of Justice.

  • The provisions of this Certification Agreement apply to all Debts submitted by Electronic Transmission on or after the date of the Certification Agreement by the Creditor Agency to Fiscal Service for collection through the Cross-Servicing Program and/or the Treasury Offset Program.

  • By signing below, I certify that I have delegated authority to execute this Certification Agreement on behalf of the head of Creditor Agency and understand this agreement applies to all debts submitted by Electronic Transmission on or after the date of the Certification Agreement to Fiscal Service for collection through the Cross-Servicing Program and/or the Treasury Offset Program.

  • The Government has not received any notice stating that it is currently, or may in the future be, subject to the Treasury Offset Program administered by the United States Department of Treasury.

  • We may also submit your account to the Do not submit this form if you have an existing installment Federal Treasury Offset Program.

  • The Creditor Agency has notified Fiscal Service, via an Update Record, of any changes to the Debt’s balance as a result of collections received directly by the Creditor Agency, outside of the Treasury Offset Program.

  • The defendant understands and agrees that the Government has the obligation and the right to pursue any legal means, including but not limited to, submission of the debt to the Treasury Offset Program, to collect the full amount of restitution owed to the victim(s) in a timely fashion.

  • Page Three MPP 63-102 - Definitions This section provides the definition of a Delinquent Claim, Inadvertent Household Error (IHE), Recipient Claim, Trafficking and Treasury Offset Program (TOP).

Related to Treasury Offset Program

  • Treasury Yield means, with respect to any Redemption Date, the rate per annum equal to the semiannual equivalent yield to maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for such Redemption Date.

  • Treasury Capital Stock has the meaning assigned to such term in Section 6.04(a)(viii).

  • Treasury Securities means U.S. Dollar-denominated, coupon-bearing, senior debt securities of the United States of America issued by the U.S. Treasury Department and backed by the full faith and credit of the United States of America.

  • Treasury Index Rate means the average yield to maturity for actively traded marketable fixed interest rate U.S. Treasury Securities having the same number of 30-day periods to maturity as the length of the applicable Dividend Period, determined, to the extent necessary, by linear interpolation based upon the yield for such securities having the next shorter and next longer number of 30-day periods to maturity treating all Dividend Periods with a length greater than the longest maturity for such securities as having a length equal to such longest maturity, in all cases based upon data set forth in the most recent weekly statistical release published by the Board of Governors of the Federal Reserve System (currently in H.15(519)); provided, however, if the most recent such statistical release shall not have been published during the 15 days preceding the date of computation, the foregoing computations shall be based upon the average of comparable data as quoted to the Corporation by at least three recognized dealers in U.S. Government Securities selected by the Corporation.

  • Treasury Bonds means United States Treasury Bonds or Notes.