This risk retention may occur directly as a result of recourse provisions or, indirectly, as a result of retaining a subordinated class of an asset-backed security or by some other means. Asset securitization: a supervisory perspective
The Truman Doctrine was instrumental in containing the spread of Communism -- especially in the newly established Turkish Republic. Later, the Truman Doctrine, or Doctrine of Containment, sought to halt the global expansion of the Soviet Union's brand of Communism.
Truman Doctrine. 1. the policy of President Truman, as advocated in his address to Congress on March 12, 1947, to provide military and economic aid to Greece and Turkey and, by extension, to any country threatened by Communism or any totalitarian ideology.