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Sub right

• Right of substitution to change collateral on a repo.

 
 Embedded terms in definition
 Change
Collateral
Repo
Right
 
 Related Terms
 Preemptive right
Right
Right or rights
Subscription right
Subscription right certificate
Transferable put right
Voting right

<< Structuring Subject >>

Tips for Trying to Fix a Clogged or "Frozen" Home Equity Line: For years, homeowners have turned to home equity lines of credit (HELOCs) as a way to borrow against their home's value to pay for college tuition, home improvements, medical bills and other major expenses. (A home's equity is the market value minus what is owed on the mortgage. If you owe $100,000 on your mortgage but your home is worth $250,000, your equity is $150,000.) More...

You may be disappointed if you fail, but you are doomed if you don't try. - Beverly Sills

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