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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>. | 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}} | {{ref}} |