Your English writing platform
Discover LudwigSuggestions(3)
Exact(31)
§ 615.5090 Reduction in carrying value of collateral.
Falling prices erode the value of collateral, tightening credit and depressing demand.
The value of collateral falls, making banks even more reluctant to lend.
Their loans are based on the value of collateral, not of a business venture.
She accused Springleaf in court papers of pressuring her to "misrepresent the value" of collateral, which Springleaf did not dispute.
It could reduce the "haircuts" it subtracts from the market value of collateral, allowing banks to borrow more cheaply.
Similar(29)
His group, which lends money to art buyers, has reduced estimated values of collateral by up to 50%.Special report Easier for a camel Show them the money Bling on a budget A thing of beauty Dropping bricks More or less equal?
Furthermore, we find systematic biases between the realized and the expected values of collateral in real estate, even though the appraisal reports should have already considered all factors influencing this value.
The danger was, and is, that Federal portfolio managers can claim they are making money on carry trades while the assets are declining in value due to defaults or permanent value destruction of collateral.
Simultaneously, their collateral of gems, held by Citibank, declined because the value of their collateral was declining; as a result, Citibank called in its loan.
While the banks hold securities from Drexel as collateral for the settlement, some were said to be concerned that the value of the collateral might not be enough to cover the risk.
Write better and faster with AI suggestions while staying true to your unique style.
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