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.
When President Harry S. Truman issued what came to be known as the Truman Doctrine in March 1947, he was outlining the basic foreign policy that the United States would use against the Soviet Union and Communism for the next 44 years.