Equity of redemption: Difference between revisions
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Amwelladmin (talk | contribs) Created page with "thumb|A terugkoopvermogen yesterday An equitable concept invented in Netherlands. A “''terugkoopvermogen''” was originally a mat by the front d..." |
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[[File:Dutch door mat.jpg|thumb|A terugkoopvermogen yesterday]] | [[File:Dutch door mat.jpg|thumb|A terugkoopvermogen yesterday]] | ||
[[File:Clogs.jpg|thumb|Some clogs yesterday]] | |||
An equitable concept invented in Netherlands. A “''terugkoopvermogen''” was originally a mat by the front door where one put ones footwear when visiting a windmill or a tulip farm. By metaphor this was extended to the value of a pledged asset once all liabilities against which it was pledged had been satisfied<ref>Work with me here, okay? It is NOT EASY making light of this stuff.</ref>. | An equitable concept invented in Netherlands. A “''terugkoopvermogen''” was originally a mat by the front door where one put ones footwear when visiting a windmill or a tulip farm. By metaphor this was extended to the value of a pledged asset once all liabilities against which it was pledged had been satisfied<ref>Work with me here, okay? It is NOT EASY making light of this stuff.</ref>. | ||
Revision as of 17:09, 9 March 2018
An equitable concept invented in Netherlands. A “terugkoopvermogen” was originally a mat by the front door where one put ones footwear when visiting a windmill or a tulip farm. By metaphor this was extended to the value of a pledged asset once all liabilities against which it was pledged had been satisfied[1].
Hence the expression “Eey oop, my lover, put your clogs on the equity of redemption pet” and “Whooargh, he can put his clogs on my equity of redemption at any time.”
This is possibly the worst joke on this whole wiki, and that's saying something.
- ↑ Work with me here, okay? It is NOT EASY making light of this stuff.