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Glossary of Broadband Grant Terms
Confused about the terms you see in broadband grant applications and program guidance? You’re not alone! That’s why we made this helpful glossary for you, to help you quickly navigate broadband grants.
63-20 Financing
Aerial Fiber
(Aerial Installation)
Affidavit
Affordable Connectivity Program
(ACP)
American Rescue Plan Act
(ARPA)
Application Model
Asymmetric
Attestation
Average Revenue Per User
(ARPU)
Backbone
(Backhaul)
Bandwidth
Bank Loan
BEAD Timelines
Bit
Broadband
Broadband Audit
Broadband Deployment Accuracy and Technological Availability Act
(Broadband DATA Act)
Broadband Deployment Accuracy and Technological Availability Act Maps
(Broadband DATA Maps)
Broadband Equity, Access and Deployment Program
(BEAD Program)
Broadband Feasibility Study
Broadband Initiatives Program
(BIP)
Broadband Serviceable Locations
Broadband Technology Opportunities Program
(BTOP)
Bulk Fabric Challenge
Buried Fiber
(Buried Fiber Deployment)
Byte
Cable Internet
(Cable)
Capital Expenditures
(Capex)
Capital Projects Program
Capital Structure
(Capital Stack)
Census Block
Census Block Group
(CBG)
Challenge Process
Churn Rate
(Churn)
Coaxial Cable
(Coax)
Common Equity Stock
(Common Stock)
Communications Act of 1934
Community Anchor Institution
(CAI)
Conduit Financing
Connect America Fund
(CAF)
Connecting Minority Communities Pilot Program
(CMC Pilot Program)
Connectivity Profile
Consolidated Appropriations Act of 2021
Content Provider
Cooperative
(Co-op)
Customer Premises Equipment
(CPE)
Data Packet
Debt
Debt/EBITDA
Debt-Service Ratio Coverage
(DSRC)
Demand Point Passed
(DPP)
Digital Canyon
(Digital Divide)
Digital Equity
(Digital Inclusion)
Digital Equity Act Programs
Digital Subscriber Line
(DSL)
Earnings Before Interest Taxes Depreciation and Amortization
(EBITDA)
Economic Development Incentive
Eligible Community Anchor Institution
Eligible Entity
Enterprise Value
(EV)
Equity
(Shareholders’ Equity)
Ethernet Cable
Fabric
FCC Registration Number
(FRN)
Feasibility Study
Federal Communications Commission
(FCC)
Fiber
Fiber-to-the-Curb
(FTTC)
Fiber-to-the-Home
(FTTH)
Fiber to the home/premises/curb/node
Fiber-to-the-Node
(FTTN)
Fiber-to-the-Premises
(FTTP)
Final Proposal
Formula Grant
General Obligation Bond
(GO Bond)
Grant Adjusted Yield on Cost
(Grant Adjusted YOC)
Grant Anticipation Note
(GAN)
Gross Profit
(Gross Profit Margin)
Guaranteed Bank Loan
High Cost Area
Incumbent and Competitive Local Exchange Carriers
(ILEC)
Indefeasible Right of Use
(IRU)
Indian Tribe
Industrial Revenue Bonds
(IRBs)
Infrastructure Investment & Jobs Act
Initial Funding Availability
Initial Proposal
Internet Exchange Facility
Internet Protocol
Internet Service Provider
(ISP)
Last Mile
Latency
(Ping)
Letter of Credit
(LOC)
Limited-Tax General Obligation Pledge
Loan
Local Coordination
Low-Cost Broadband Service Option
Make Ready Work
Match Capital
(Match Funding)
Mezzanine Debt
(Mezz Debt)
Middle Mile Infrastructure
(Middle Mile)
Millimeter Wave
Mobile
Monitoring, Reporting and Performance Management
Multiple Dwelling Unit
(Multi-Dwelling Unit)
Municipal Bond
(Muni Bond)
National Telecommunications and Information Administration
(NTIA)
Native American
Native Entity
Network Node
Nielsen’s Law of Internet Bandwidth
Non-Traditional Broadband Provider
(Broadband Service Provider)
Notice of Funding Opportunities
(NOFO)
Operating Margin
(EBITDA Margin)
Optical Line Terminal
(OLT)
Optical Network Terminal
(ONT)
Outside Plant
Packet Loss
Peering and Transit Agreements
Point to Point
Preferred Equity
Priority Broadband Project
(Fiber to the Home)
Project Finance
Public-Private Partnerships
(PPP)
Public Utility Company
(Utility)
ReConnect Loan and Grant Program
(ReConnect)
Reliability
Reliable Broadband Service
Request for Initial Planning Funds
Revenue Bond
Revolving Credit Line
(Revolver)
Rural Digital Opportunity Fund
(RDOF)
Rural Electrical Cooperatives
(RECs)
Rural Utility Service
Satellite Internet
Secondary Addresses
Secured Debt
Security
Senior Debt
Simple Agreement for Future Equity
(SAFE)
Speed
State
Stock
(equity shares)
Subgrantee Selection
Subgrantee/Subrecipient
(Subgrantee)
Subordinated Debt
(Subordinated Debenture)
Subsidiarity
Symmetric
Take Rate
Taxable Debt
Tax-Exempt Debt
Telecommunications Act of 1996
Tier 1, 2, 3
Tribal Broadband Connectivity Program
Tribal Data Sovereignty
Tribal Government
Tribal Land
Trust Land
Underserved Location
(Underserved)
Underserved Service Project
Universal Service Fund
Unlevered Returns
Unlimited-Tax General Obligation Pledge
Unsecured Debt
Unserved Location
(Unserved community)
Unserved Service Project
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Wi-Fi Router
Wireless
Working Capital
(Net Working Capital)
Yield on Cost
(YOC)
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