loan guarantee

(7) Loan guarantee .— The term “loan guarantee” means any guarantee, insurance, or other pledge with respect to the payment of all or a part of the principal or interest on any debt obligation of a non-Federal borrower to a non-Federal lender, but does not include the insurance of deposits, shares, or other withdrawable accounts in financial institutions.


49 USC § 22401(7)

Scoping language

In this chapter
Is this correct? or