12 C.F.R. § 918.1 Definitions.
Title 12 - Banks and Banking
As used in this part: Compensation means any payment of money or provision of any other thing of value (or the accrual of a right to receive money or a thing of value in a subsequent year) in consideration of a director's performance of official duties for the Bank, including, without limitation, daily meeting fees, incentive payments and fringe benefits.
Title 12: Banks and Banking
PART 918—BANK DIRECTOR COMPENSATION AND EXPENSES
§ 918.1 Definitions.

