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The buccaneering financial-products unit, whose need for collateral caused the government to intervene in September 2008, is all but shuttered.
This is contrary to previously reported work as in the study of Kumar et al. (2013) who reported that a Grameen bank in Bangladesh had reverse conservative banking practice by removing the need for collateral and created a banking system based on mutual trust, accountability, participation and creativity.
Our defined treatment protocol comprises in situ neurolysis of the ulnar nerve, distraction and reduction of the joint using unilateral hinged external fixation enabling continuous joint distraction and repair of the osseous stabilizers; it provides a successful tool to restore elbow stability and regain an excellent functional outcome without the need for collateral ligament reconstruction.
The members co-guarantee each other's loans, eliminating the need for collateral.
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This process obviates the need for marketable collateral, which banks usually ask to secure repayment, by instituting peer pressure and a group guarantee mechanism.
We also lease expensive equipment to businesses, reducing their up-front costs and eliminating the need for additional collateral -- minimizing risk for both the entrepreneurs and our loan fund.
The money went to banks to cover their losses on complex mortgage investments, as well as for collateral needed for other transactions.
In George Orwell's classic 1946 essay "Politics and the English Language," he noted that his era's equivalents for "collateral damage" were "needed if one wants to name things without calling up mental pictures of them".
In particular, rising house prices provide consumers with the collateral they need for a huge increase in borrowing.Up to their necksRelative to their incomes, consumers have been taking on more debt for decades, as America's increasingly sophisticated financial system allows more people more access to credit.
If you're looking for a loan, you need sufficient collateral and cash flow to cover the debt.
While your word may count among your friends, for national debt, you will need some serious collateral for that to be of any use.
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CEO of Professional Science Editing for Scientists @ prosciediting.com