### Question
How is the "extension of credit" defined?


### Answer
The term **extension of credit** is defined in *12 U.S.C. § 1972* as follows -

> prescribed by the Board pursuant to section 375b of this title, and the term "executive officer" shall have the same meaning given it under section 375a of this title.

#### Citation:
  - *12 U.S.C. § 1972*
  - Heading: **CHAPTER 22-TYING ARRANGEMENTS**

