Template:Gmsla equivalence

Now here's a funny thing. In the 2000 GMSLA, there were four defined terms relating to the assets and collateral that pass between the parties to a stock loan, all of them nouns: "Securities", "Collateral", "Equivalent Securities" and "Equivalent Collateral".

Under the 2010 GMSLA, by contrast there are three; two nouns and an adjective: "Securities", "Collateral" and "Equivalent".