Securities lending transaction definition
Securities lending transaction means a transaction in which securities are loaned by an insurer to a business entity which is obligated to return the loaned securities or equivalent securities to the insurer, within a specified period of time or upon demand.
Securities lending transaction means a transaction in which
Securities lending transaction means a transaction in which an insurance company lends securities to a business entity that is obligated to return the loaned securities or equivalent securities to the company, either within a specified period or on demand.
More Definitions of Securities lending transaction
Securities lending transaction means a transaction in which securities are loaned by an insurer or its custodian bank or agent to a qualified bank or a qualified business entity or a bank or a business entity whose obligations with respect to the transaction are guaranteed by a qualified bank or a qualified business entity that is obligated to return the loaned securities or equivalent securities to the insurer, its custodian bank, or agent, within a specified period of time or upon demand.
Securities lending transaction means a transaction in which an insurer lends securities to a business entity that is obligated to return the loaned securities or equivalent securities to the insurer, either within a specified period or on demand.
Securities lending transaction means, with respect to any Person, certain offsetting securities lending transactions whereby such Person borrows securities from one entity and then lends such securities to another entity (with such Person always maintaining a matched book between securities borrowed and securities loaned).
Securities lending transaction means a transaction in which securities are loaned by a life insurance company to a business entity that is obligated to return the loaned securities or equivalent securities to the life insurance company, either within a specified period of time or upon demand.
Securities lending transaction means certain offsetting securities lending transactions whereby the Borrower or any of its Restricted Subsidiaries borrows securities from one entity and then lends such securities to another entity (with the Borrower always maintaining a matched book between securities borrowed and securities loaned).
Securities lending transaction means a Transaction when an Asset from your account is lent to us for an exchange of Cash collateral for the purpose of fulfilling an obligation on your part to make payment in respect of a Margin Transaction;
Securities lending transaction means certain offsetting securities lending transactions whereby Cowen or any of its Restricted Subsidiaries borrows securities from one entity and then lends such securities to another entity (with Cowen always maintaining a matched book between securities borrowed and securities loaned).