Exact(2)
That's Ken Albala's translation and distillation of Galen, the second-century Greek physician who employed lentils as medicine, accepting as collateral damage that "thick, dry food" generates "black bile".
The Fed also has begun to lend directly to Wall Street firms, which it does not regulate, accepting as collateral securities that have largely been shunned by everyone else.
Similar(58)
What sort of assets do banks accept as collateral?
Eventually, the securities may be no longer accepted as collateral for funding.
And it expanded the definition of the kinds of bonds and other securities it would accept as collateral.
The European Central Bank also holds Greek debt, which it accepts as collateral when lending to euro area banks.
And it expanded the definition of the kinds of bonds and other securities it accepted as collateral.
The banks will then be able to obtain these funds in exchange for putting up their own collateral, including debt currently not accepted as collateral by the European Central Bank.
If securities posted by brokerage firms at the Fed lose their triple-A rating, they will no longer be accepted as collateral.
And the central bank does not accept as collateral the bonds issued in zlotys, forints or the other local currencies in Eastern Europe.
That has encouraged speculation that Greek government bonds might soon no longer be accepted as collateral by the E.C.B., or might only be eligible at a higher cost.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com