Definitions for "securities lending"
Lending of securities for a definite period for using them as collateral or for delivering them to the buyer of short selling or for other purpose as permitted by the regulations. The borrower must deliver the same type, issue, and quantity of securities issued by the same company to the securities lender. In Thailand, financial institutions that can engage in securities lending are commercial banks, finance companies, securities companies (except for investment management companies) and financial institutions established by special legislation as stipulated by the SEC. A securities lender must be granted a license by the SEC to engage in the business.
A carefully collateralized process of loaning portfolio positions to custodians, dealers, and short sellers who must make physical delivery of positions. Securities lending can reduce custody costs or enhance annual returns.
The lending of securities, usually for a fee.
A loan of a security from one broker/dealer to another, who must eventually...