Finance:Auto-collateralisation
From HandWiki
Auto-collateralisation is a credit operation that is or can be triggered, when a buyer does not have sufficient funds to settle a securities transaction, in order to improve its cash position for the next settlement cycle. The credit provided can be secured using securities already held by the buyer (“collateral stocks”) or the securities that are being purchased (“collateral flows”).
See also
External links
Original source: https://en.wikipedia.org/wiki/Auto-collateralisation.
Read more |