obligation

(6) “Obligation” defined (A) In general For purposes of paragraph (5), the term “obligation” includes— (i) any guarantee issued by the Corporation, other than deposit guarantees; (ii) any amount borrowed pursuant to section 1824 of this title ; and (iii) any other obligation for which the Corporation has a direct or contingent liability to pay any amount. (B) Valuation of contingent liabilities The Corporation shall value any contingent liability at its expected cost to the Corporation.

Source

12 USC § 1825(c)(6)


Scoping language

None identified. Default scope is assumed to be the entire title.
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