### Question
How is the term subsidiary defined?


### Answer
The term **subsidiary** is defined in *12 U.S.C. § 1831w* as the following:

> any company that is a subsidiary (as defined in section 1813(w)(4) of this title) of 1 or more insured banks

#### Citation:
  - *12 U.S.C. § 1831w*
  - Heading: **CHAPTER 16-FEDERAL DEPOSIT INSURANCE CORPORATION**

