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Simple English definitions for legal terms

agency security

Read a random definition: Barons of the Exchequer

A quick definition of agency security:

Agency security: A type of collateral given to guarantee the fulfillment of an obligation by a government agency. It is a way for the agency to assure creditors that they will be repaid any money or credit extended to them. A security can also refer to an instrument that shows ownership rights in a company or government, or other investment rights. Securities have no intrinsic value and their worth depends on the financial condition of the entity that issued them.

A more thorough explanation:

Agency security is a type of government security that is used to guarantee the fulfillment of an obligation. This means that if a government agency owes money to someone, they can offer agency security as collateral to ensure that the creditor will be repaid with interest.

For example, let's say that a government agency needs to borrow money to fund a new project. They might issue agency securities to investors, promising to repay the money with interest at a later date. These securities would serve as collateral, giving investors some assurance that they will be repaid.

Overall, agency security is an important tool that governments can use to raise funds and manage their finances. By offering these securities, they can attract investors and ensure that they have the resources they need to carry out their work.

agency regulation | agency-shop membership

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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