### Question
How does Financial Assistance Programs define vessel?


### Answer
Under *46 U.S.C. § 53701*, **vessel** is defined as:

> any type of vessel, whether in existence or under construction, including—


(A) a cargo vessel

#### Citation:
  - *46 U.S.C. § 53701*
  - Heading: **Subtitle V-Merchant Marine > Part C-Financial Assistance Programs > CHAPTER 537-LOANS AND GUARANTEES > SUBCHAPTER I-GENERAL**

