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"By giving the collateral a mapcode, all of a sudden this collateral has a value and the bank will accept it," Shienmar said.
He also said SKS would expand into other businesses like loans made with gold as collateral, a popular form of personal and business finance in southern India.
If, to muster collateral, a fund is forced to sell assets into a falling market, a profitable trade can quickly become unprofitable.
Collateral, a borrower's pledge to a lender of something specific that is used to secure the repayment of a loan (see credit).
Some of MF Global's commodity customers can get an immediate distribution of $520 million, or about 60 percent of their cash collateral, a federal judge ruled on Thursday.
Mann's large office is decorated with mementos from his films -- photographs from "Ali"; models of sets; a painted poster from Koreatown that was used in "Collateral"; a stuffed, snarling bobcat that was last seen in "Heat".
Similar(28)
A work of art may also carry liens after being used as a collateral for a loan.
For stimulation of Schaffer collaterals, a monopolar stimulation electrode was placed in the stratum radiatum of the CA1 subfield.
How about some collateral materials: a one-pager or a brochure?
One teller even accepted a gold watch as collateral from a customer.
She's both a struggling immigrant and a collateral victim of an international conflict.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com