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LSS Tranche

It stands for leveraged super senior tranche; a super-senior tranche in which only a part of the tranche notional is...

GC Security

It stands for general collateral security; broadly, it is a category of collateralized securities (known as eligible collateral) with identical...

General Collateral Security

Broadly, it is a category of collateralized securities (known as eligible collateral) with identical credit quality, and as a result...

SC Security

It stands for special collateral security; a specifically determined and specified collateral security in a repo transaction. In this transaction,...

Special Collateral Security

A specifically determined and specified collateral security in a repo transaction. In this transaction, the underlying security/ issue is well...

Collateral

A borrower's pledge of a property/ assets to a lender or creditor in order to secure repayment of a loan...

Collateralization

The pledging of an asset or property by a borrower to secure a bank loan, where a lender has the...

Cross Collateralization

The use of an asset or property already pledged for one loan as collateral for another loan. For example, cross...

Hypothec

A security or right which is given to a creditor over a debtor's property without transfer of possession or title....

Hypothecation

The pledging of a property by a debtor as collateral to secure a loan. Hypothecation doesn't transfer possession or title...