The following words as used in this chapter shall, unless the context requires otherwise, have the following meanings:—

1. (a) ''Authority'', an industrial development financing board established by section two.
2. (b) ''Board'', the board of directors of an authority.
3. (c) ''Bond'', a revenue bond issued for the purpose of financing a project, and shall include interim receipts, temporary bonds or other obligations issued hereunder.
4. (c1/2) ''Cogeneration facility'', as defined in section one of chapter one hundred and sixty-four.
5. (d) ''Construction'' means and includes both construction and acquisition and the term ''to construct'' means and includes both to construct and to acquire.
6. (e) ''Cost of the project'' and ''cost'', the cost of construction, the cost of acquisition of all lands, structures, rights of way, franchises, easements and other property rights and interests and related riparian or water rights, the cost of demolishing, removing or relocating any buildings, structures or utilities on lands acquired or to be acquired, including the cost of acquiring any lands to which such buildings, structures or utilities may be moved or relocated, the cost of all labor, materials, machinery and equipment, financing charges, interest on all bonds prior to and during the carrying out of a project and for a period not exceeding one year after completion thereof, the cost of engineering, financial and legal services, plans, specifications, studies, surveys, estimates of cost and of revenues, other expenses necessary or incidental to determining the feasibility or practicability of projects, administrative expenses, reimbursement to the municipality of advances to the authority under section nineteen, and for planning costs and other preliminary expenses made for the benefit of but prior to the formation of the authority, and such other expenses as may be necessary or incidental to the projects, the financing thereof, placing of the same in operation and the issuance of bonds under this chapter, including but not limited to the establishment and funding of reserves to secure such bonds.
7. (f) ''Current expenses'', the amount of reasonable and necessary current expenses in connection with any project as the same may be more fully defined in the trust agreement relating to a project, and shall in any event include the fees and expenses of the trustee under the trust agreement securing bonds issued to finance such project.

8. (g) ''Federal agency'', the United States of America, the President of the United States of America, and any department of or corporation, agency or instrumentality heretofore or hereafter created, designated or established by the United States of America.

   [There is no clause (h).]