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One of these exceptions is the âabundance of cautionâ exception, in which a lien. on real estate has been taken as collateral in an abundance of caution. 12 C.F.R. Â§ 34.43(a)(2). For this exception to apply to the six Notes Receivable being considered here, there must be.
The phrase you're a caution is a colloquialism (informal phrase), and may have different meanings in different parts of the country. It usually means you are funny, clever or different in an interestingly way. It's usually used in a positive, complimentary or fun way.