; or (B) investment power, including the power to dispose, or to direct the disposition, of an interest in the legal entity. (6) Corporation The term corporation means— (A) a domestic corporation organized pursuant to the laws of a State; and (B) a foreign corporation. (7) Fiduciary capacity The term fiduciary capacity means an undertaking to act as executor, administrator, personal representative, guardian, conservator, or receiver. (8) Indirect The term indirect means to act, or attempt to accomplish an act, through an interest in a business association, through 1 or more affiliates or intermediaries, or by any method other than a direct approach, including by any circuitous or oblique method. (9) Institution of higher education The term institution of higher education has the meaning given the term in section 101(a) of the Higher Education Act of 1965 ( 20 U.S.C. 1001(a) ). (10) Legal entity The term legal entity means any corporation, business trust, estate, trust, partnership, limited liability company, association, joint venture, public corporation, cooperative, pension or investment fund, or any other legal or commercial entity organized or created under the laws of any State or country. (11) Multilayer subsidiary entity The term multilayer subsidiary entity means— (A) a privately held or publicly traded legal entity that exists within a hierarchy of legal entities that includes 2 or more levels of subsidiary entities; (B) a privately held or publicly traded legal entity that has as its parent or subsidiary a management or holding company