### Question
How does FEDERAL DEPOSIT INSURANCE CORPORATION define recourse?


### Answer
Under *12 U.S.C. § 1835*, **recourse** is defined as:

> given to such term under generally accepted accounting principles;

#### Citation:
  - *12 U.S.C. § 1835*
  - Heading: **CHAPTER 16-FEDERAL DEPOSIT INSURANCE CORPORATION**

