obligation

(A)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 tosection 1824 of this title; and (iii)any other obligation for which the Corporation has a direct or contingent liability to pay any amount. (B)The Corporation shall value any contingent liability at its expected cost to the Corporation. (d)The full faith and credit of the United States is pledged to the payment of any obligation issued after, by the Corporation, with respect to both principal and interest, if—

Source

12 USC § 1825(c)(6)(A)


Scoping language

For purposes of paragraph
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