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Waiver

An official decision to temporarily set aside a rule or law, granting an exception to a usual requirement.

License

Official permission granted by a government agency, in this case, by the Treasury Department, to engage in an activity that would otherwise be restricted or illegal.

Rescission

The act of revoking, canceling, or annulling a law, agreement, or decision.

Office of Foreign Assets Control (OFAC)

A U.S. Treasury Department office that enforces economic sanctions against countries and groups involved in terrorism, drug trafficking, and other threats to national security.

Sanctions

Penalties or restrictions imposed by one country on another, often to influence its policies or actions, such as limiting trade or freezing assets.

Enactment date

The date when a bill officially becomes law after being passed by both houses of Congress and signed by the President (or if Congress overrides a presidential veto).