The following words and terms, when used in this Part, shall have the following meaning, unless the context clearly indicates otherwise:
"Interest" means the interest that accrues in an employer's account pursuant to 40 O.S. Sections 3-301 and 3-806(A).
"Penalties" means the penalties assessed against an employer and added to his or her account pursuant to 40 O.S. Sections 3-301(B) and 3-806(B).
Okla. Admin. Code § 240:10-5-40