Equity of redemption: Difference between revisions

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(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>.  


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