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Release and substitution
Allows the issuer to sell property securing the debt and substitute either cash or other property in order that the total value of collateral will not be reduced.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: Funds
- Company: Merrill Lynch
- Product:
- Acronym-Abbreviation:
Other Languages:
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