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.
The first necessity for every debt security is certainty in its terms. For corporate and municipal. debt securities this means clear drafting of the issuerâs promise to pay. For asset-backed securities, this. means clear drafting of the provisions which establish the trusteeâs security interest in the financial assets.