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.
Bonds are debt securities. Bond investors are lenders; bond issuers are borrowers. To issue a bond is to borrow money from investors for a fixed term at a fixed interest rate. At the end of the term, the issuer returns the principal portion of the loan. Principal is typically $1000 per bond, or some multiple thereof. This is also known as a bond's face value.