Reuse - PB Provision: Difference between revisions

Latest revision as of 18:28, 6 January 2021

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Revision as of 11:17, 26 February 2018 (view source) Amwelladmin (talk \| contribs) (Created page with "{{anat\|pb}} {{pbprov\|Reuse}} — often, though misguidedly, labeled {{pbprov\|rehypothecation}} — is the right a {{pbprov\|prime broker}} has over its clients {{pbprov\|custody...")		Latest revision as of 18:28, 6 January 2021 (view source) Amwelladmin (talk \| contribs) (Redirected page to Rehypothecation) Tag: New redirect
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	~~{{anat\|pb}}~~		#redirect[[rehypothecation]]
	~~{{pbprov\|Reuse}} — often, though misguidedly, labeled {{pbprov\|~~rehypothecation}} — is the right a {{pbprov\|prime broker}} has over its clients {{pbprov\|custody assets}} to take those assets and sell them in the market to offset its lending costs, against an obligation to return equivalent assets (which it must buy in the market) when the client wants them back.