83,057
edits
Amwelladmin (talk | contribs) No edit summary |
Amwelladmin (talk | contribs) No edit summary |
||
Line 1: | Line 1: | ||
[[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]] | [[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 | 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 residual value of an asset to its pledgor 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>. | ||
Hence the expression “Eey oop, my lover, put your [[Clog on the equity of redemption|clogs]] on the [[equity of redemption]] pet” and “Whooargh, he can put his [[Clog on the equity of redemption|clogs]] on my equity of redemption at ''any time''.” | Hence the expression “Eey oop, my lover, put your [[Clog on the equity of redemption|clogs]] on the [[equity of redemption]] pet” and “Whooargh, he can put his [[Clog on the equity of redemption|clogs]] on my equity of redemption at ''any time''.” | ||
This is possibly the worst joke on this whole wiki, and that's saying something. | This is possibly the worst joke on this whole wiki, and that's saying something. | ||
{{ref}} |