Readily marketable collateral definition

Readily marketable collateral means financial instruments and bullion that are salable under ordinary market conditions with reasonable promptness at a fair market value determined by quotations based upon actual transactions on an auction or similarly available daily bid and ask price market.

Readily marketable collateral means a financial instrument or bullion that is salable under ordinary market conditions with reasonable promptness at a fair market value determined by quotations based upon actual transactions on an auction or similarly available daily bid and ask price market.

Readily marketable collateral means financial instruments or

Examples of Readily marketable collateral in a sentence

• Readily marketable collateral shouldfederal savings association may lawfully charge the highest rate permitted to becharged by a state-licensed small loancompany, without being so licensed, but subject to state law limitations on the size of loans made by small loancompanies.

• Readily marketable collateral should be appropriately discounted by the lender consistent with the lender’s usual practices for making loans secured by such collateral.

• K) Readily marketable collateral – to be considered readily marketable, the collateral must be salable under ordinary market conditions with reasonable promptness at a fair market value determined by quotations based upon actual transactions on an auction or similarly available daily bid and ask price market.

More Definitions of Readily marketable collateral

Readily marketable collateral means insured deposits, financial instruments, and bullion in which the lender has a perfected interest. Financial instruments and bullion must be saleable under ordinary circumstances with reasonable promptness at a fair market value determined by quotations based on actual transactions, on an auction or similarly available daily bid and ask price market. Readily marketable collateral should be appropriately discounted by the lender consistent with the lender's usual practices for making loans secured by such collateral.

Readily marketable collateral means financial instruments and bullion which are saleable under ordinary circumstances with rea- sonable promptness at a fair market value determined by daily quota- tions based on actual transactions on an auction or a similarly avail- able daily bid and ask price market.

Readily marketable collateral means financial instruments and bullion that are salable under ordinary market con- ditions with reasonable promptness at a fair market value determined by quotations based upon actual trans- actions on an auction or similarly available daily bid and ask price mar- ket.

Readily marketable collateral means financial instruments or bullion that may be sold in ordinary circumstances with reasonable promptness at a fair market value determined by quotations based on actual trans- actions on an auction or a similarly available daily bid- ask-price market.

Readily marketable collateral means financial instruments or bullion which that are saleable under ordinary circumstances with reasonable promptness at a fair market value determined by quotations based on actual transactions of an auction or a similarly available daily bid and asked price market. END_STATUTE

Readily marketable collateral means financial instruments and bullion which are saleable under ordinary circumstances with reasonable promptness at a fair market value determined by daily quotations based on actual transac- tions on an auction or a similarly available daily bid and ask price market.

Readily marketable collateral means a financial instrument or bullion 788 that is salable under ordinary market conditions with reasonable