Conduit - Business

Business

  • Real Estate Mortgage Investment Conduit, an investment vehicle that issues securities based on pools of mortgages it holds in trust
  • Master Liquidity Enhancement Conduit, a proposed fund financed by private banks to support structured investment vehicles

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Famous quotes containing the word business:

    BOSWELL. But what do you think of supporting a cause which you know to be bad? JOHNSON. “Sir, you do not know it to be good or bad till the Judge determines it.... It is his business to judge; and you are not to be confident in your own opinion that the cause is bad, but to say all you can for your client, and then hear the Judge’s opinion.
    Samuel Johnson (1709–1784)

    What if all the forces of society were bent upon developing [poor] children? What if society’s business were making people instead of profits? How much of their creative beauty of spirit would remain unquenched through the years? How much of this responsiveness would follow them through life?
    Mary Heaton Vorse (1874–1966)

    No wonder poets sometimes have to seem
    So much more business-like than business men.
    Their wares are so much harder to get rid of.
    Robert Frost (1874–1963)