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A generic expression for [[guarantee]]s, [[letter of credit|letters of credit]], and other miscellaneous, divers and weird & wonderful [[collateral]] arrangements one puts in place to mitigate the [[credit exposure]] one takes to ones counterparty entering into derivatives and other capital markets trading arrangements. | {{a|security|}}A generic expression for [[guarantee]]s, [[letter of credit|letters of credit]], and other miscellaneous, divers and weird & wonderful [[collateral]] arrangements one puts in place to mitigate the [[credit exposure]] one takes to ones counterparty entering into derivatives and other capital markets trading arrangements. | ||
{{sa}} | {{sa}} |