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.
Definition. Income generated from investments in interest-bearing financial instruments or from loans that is includable as ordinary income for tax purposes. Generally, all interest-bearing financial instruments and accounts generate taxable interest except tax exempt bonds issued by states and municipalities. The interest on these bonds is exempt from federal taxes, but may be taxable at the state level depending on where the bond was issued.