### Question
What does private deposit insurer mean?


### Answer
**Private deposit insurer** has the following meaning in *12 U.S.C. § 1831t*:

> any entity insuring the deposits of any depository institution lacking Federal deposit insurance

#### Citation:
  - *12 U.S.C. § 1831t*
  - Heading: **CHAPTER 15-FEDERAL LOAN AGENCY**

