Template:ESLA - FWMD

Top Trumps^®Financial Weapons of Mass Destruction^®

ESLA

“It’s stock lending, for posh people.”

Docs	Appendage to a stock lending agreement. Extra mark for needless verbosity.	3
Amendability	Bilateral. Easyt peasy.	0
Collateral	Yes, per stock lending agreement. Liquid, daily, but may be crappy assets.	3
Transferability	Not without novation. But why would you?	0
Leverage	Nope	0
Fright-o-meter	Well, it’s used in connection with short selling but really, snoresville.	1