### Question
How does the law define the period applicable to the advance?


### Answer
Under *7 U.S.C. § 948*, **the period applicable to the advance** is defined as:

> the period beginning on the issue date described in subclause (I) and ending on the earlier of the date the advance matures or is completely prepaid

#### Citation:
  - *7 U.S.C. § 948*
  - Heading: **CHAPTER 31-RURAL ELECTRIFICATION AND TELEPHONE SERVICE > SUBCHAPTER IV-RURAL TELEPHONE BANK**

