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collateralize |
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The Reinsurance Directive will end collateralization within the European Union, something that is likely to strengthen the argument from Europe for an end to collateralization requirements in the United States. In each distribution period, a test will be performed to calculate the amount of desired collateralization for the notes versus the actual collateralization. In each distribution period, a test will be performed to calculate the amount of desired collateralization for the notes versus the actual collateralization. |
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