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. The Truman Doctrine was an international relations policy set forth by the U.S. President Harry Truman in a speech on March 12, 1947, which stated that the U.S. would support Greece and Turkey with economic and military aid to prevent them from falling into the Soviet sphere.