See Also: short circuit(dictionary)
short-circuit(dictionary)
short-circuit(dictionary)
short-circuit(medicine)
short circuit(dictionary)
Short Money - Poker(gambling)
Tight money or dear money(finance)
Short-short test(money)
Short short test(finance)
circuit(dictionary)

Defeasance (money) and short-circuit (oh)


Defeasance (money)


Definition: [crh] The setting aside by a borrower of cash or bonds sufficient to service the borrower's Debt. Definition: Both the borrower's Debt and the offsetting cash or bonds are removed from the balance sheet. In securities trading, where a clearing house becomes counterparty to each side of a trade, after the trade has been agreedDefinition: . This is necessary to facilitate netting, and reduce counterparty risk exposure. The term has become popular recently, because of the growth ofDefinition: central counterparty clearing Services in European cash Equities markets.







short-circuit (oh)



v
[I and T] to have a short circuit or cause a short circuit in something
[T] to get something done without going through the usual long methods
::I short-circuited the whole process by a simple telephone call.