A iploma mill (also known as a degree mill) is an organization that awards academic degrees and diplomas with substandard or no academic study and without recognition by official educational accrediting bodies. These degrees are often awarded based on life experience. Webster’s Third New International Dictionary defines a diploma mill as "an institution of higher education operating without supervision of a state or professional agency and granting diplomas which are either fraudulent or, because of the lack of proper standards, worthless." Such organizations are unaccredited, although some claim accreditation by non-recognized/unapproved organizations set up for the purposes of providing a veneer of authenticity. Although diploma mills typically are unaccredited, lack of educational accreditation does not necessarily indicate that an institution is a diploma mill.