### Question
Can you define what business day means?


### Answer
**Business day** is defined as the following in *12 U.S.C. § 1821*:

> any day other than any Saturday, Sunday, or any day on which either the New York Stock Exchange or the Federal Reserve Bank of New York is closed

#### Citation:
  - *12 U.S.C. § 1821*
  - Heading: **CHAPTER 16-FEDERAL DEPOSIT INSURANCE CORPORATION**

