Cuckoo: This bird lays its eggs in another birdâs nest ( which is where we get the word cuckold from), so itâs no surprise the bird is symbolic of infidelity and selfishness. Eagle: A bird of power, authority, victory, high status, and prowess. A divine messenger.
Securities-Based Lending. DEFINITION of 'Securities-Based Lending'. The practice of making loans using securities as collateral. Securities-based lending (SBL) provides ready access to capital that can be used for almost any purpose such as buying real estate, purchasing personal property like jewelry or a sports car, or investing in a business.
Securities are investments whose value depends on the assets and earnings of the issuer, or the voting power that accompanies such claims. The value of securities depends on the issuer's financial condition, products and markets, management, and competitive and regulatory climate.