### Question
How is the term United States private business defined?


### Answer
The term **United States private business** is defined in *49 U.S.C. § 26105* as the following:

> a business entity organized under the laws of the United States, or of a State, and conducting substantial business operations in the United States

#### Citation:
  - *49 U.S.C. § 26105*
  - Heading: **SUBTITLE V-RAIL PROGRAMS > PART D-HIGH-SPEED RAIL > CHAPTER 261-HIGH-SPEED RAIL ASSISTANCE**

