Template:Gmsla equivalence: Difference between revisions

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The difference being? Well, it's a neat linguistic one:
The difference being? Well, it's a neat linguistic one:
:Under the {{gmsla2000}} - if you're the sort of person who gets upset about this kind of thing - to capture the concept of an asset or collateral under the loan whichever way it presently happens to be travelling, you would need to say "{{eqderivprov|Securities}} or {{eqderivprov|Equivalent Securities}}, as the case may be".
:Under the {{2000gmsla}} - if you're the sort of person who gets upset about this kind of thing - to capture the concept of an asset or collateral under the loan whichever way it presently happens to be travelling, you would need to say "{{eqderivprov|Securities}} or {{eqderivprov|Equivalent Securities}}, as the case may be".
:In the 2010 model, you can capture the same concept by saying "{{eqderivprov|Securities}}" - because "{{eqderivprov|Equivalent}}" {{eqderivprov|Securities}} is not a distinct category, but a subset of the first category.
:In the {{2010gmsla}} you can capture the same concept by just saying "{{eqderivprov|Securities}}".  Because "{{eqderivprov|Equivalent}}" {{eqderivprov|Securities}} is not a distinct from {{eqderivprov|Securities}}, but a subset of it.


So, chapeau to those clever people at Freshfields Bruckhaus Deringer.
So, chapeau to those clever people at Freshfields Bruckhaus Deringer.

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