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.
Career Overview: Securities Sales and Trading. Securities sales and trading is where the rubber meets the road in the investment banking industry. An investment bank relies on its sales department to sell bonds or shares of stock in companies it underwrites.