N.J. Admin. Code § 5:30-17.2
The following words and terms, as used in this subchapter, shall have the following meanings, unless the context clearly indicates otherwise:
"Chief financial officer" or "CFO" means the individual statutorily responsible for supervising the accounts and finances of a local unit and shall include any certifying and approval officer appointed pursuant to 40A:5-17(a), any individual appointed in accordance with 18A:19-4.1, or such individual in similar capacity legally appointed by the governing body of a local unit.
"Contract" means any written agreement entered into by a local unit and a disbursing organization for the purposes authorized in these rules.
"Dedicated cash account" means a demand deposit bank account owned by the local unit and funded solely for use by a disbursing organization in performing its duties and responsibilities in accordance with the contract.
"Disbursement" means any payment of moneys, including any transfer of funds, by any means, to the dedicated cash account established for use by a disbursing organization.
"Energy tracking and utility bill management systems" mean systems that provide energy bill auditing, bill consolidation, and bill payment services for the consumption of electricity, heating fuel, natural gas, propane, cogeneration (chilled water, steam, and hot water), water supply, and wastewater service bills.
"Governing body" means the board, commission, council or other body having control of the finances of the local unit. In those local units in which a chief executive officer is authorized by law to participate in such control through powers of recommendation, approval or veto, the term includes such chief executive officer to the extent of such participation.
"Local unit" means a municipality, county, school district, authority subject to the "Local Authorities Fiscal Control Law," P.L. 1983, c.313 (40A:5A-1 et seq.), or a school district as defined in 18A:18A-2(d).
"Payment documentation" includes transmittals, remittance forms, tax returns, releases, filings, reports, and tapes supporting the disbursement of funds.
"Payroll" means the object and result of all preparations and calculations for, and the disbursement of salaries and wages, all withholdings therefrom, and additional liabilities related thereto.
"Third-party disbursement service organization or disbursing organization" means an organization engaged either directly or indirectly to perform any of the services authorized pursuant to this subchapter.
"Third-party disbursement service" means such service or services of the type authorized pursuant to this subchapter. Such service or services may include the processing and disbursing of payroll and payroll agency obligations and energy tracking and utility bill management systems.
"Transaction" means any activity that, in accordance with sound fiscal practices, affects the general books of entry, ledgers, records, or logs of a local unit.
N.J. Admin. Code § 5:30-17.2