§ 1108.410. Working capital advance.
47 words·~1 min read·
/us/cfr/t2/s§ 1108.410·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Working capital advance means a payment method under which funds are advanced to a recipient or subrecipient to cover its estimated disbursement needs for a given initial period, after which the DoD component making the award makes payment to the recipient or subrecipient by way of reimbursement.