### Question
How is the "Federal guarantee instrument" defined?


### Answer
The term **Federal guarantee instrument** is defined in *15 U.S.C. § 720n* as follows -

> any guarantee or other pledge by the Secretary to pledge the full faith and credit of the United States to pay all of the principal and interest on any loan or other debt obligation entered into by a holder of a certificate of public convenience and necessity

#### Citation:
  - *15 U.S.C. § 720n*
  - Heading: **CHAPTER 15D-ALASKA NATURAL GAS PIPELINE**

