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| Securitized Asset Deposit Order (SADO) | ||
| A Securitized Asset Deposit Order is a formal instrument of the Liability to Asset Currency Exchange Redemption Program (LAXP). It is reserved for issuing an order to an inferior bank such as the IMF, the World Bank or some lesser bank to deposit the attached authenticated abstracts of Triple Asset Underwritten Currency Globe Silver Credit securities into their Treasury and make the necessary accounting record in their books reflecting the valid deposit of assets. The inferior bank then has seven (7) days to acknowledge in writing the valid deposit and then thirty (30) days to surrender the associated liability instruments cancelled by the deposit of equivalent asset value to the Globe Union Reserve Bank to zero out the accounts. The failure of an inferior bank to properly process a SADO means the inferior bank risks the full liability of the asset value of the SADO instrument as penalty, with the Globe Union Reserve Bank in full rights as a superior provider of Triple Asset Underwritten capital to issue orders to liquidate the incompetent inferior bank. | ||
| Slave Labor Equity | ||
| Also commonly known as "sweat equity" is the equity (asset) claimed to underwrite most modern debt based currencies. Slave Labor Equity is distinct and different from Sovereign Labor Equity in that a man or woman whose energy is calculated is not recognized as a Sovereign but a Person, therefore having no real rights, therefore a slave. Demonstration of the "sweat equity" of men and women being treated as slaves is further evidenced by any debt based system that is involved in "selling" its citizens through their birth certificates-- an ancient slave practice thousands of years old. When such energy is taken and a man or woman is unwittingly treated as a slave, their effort cannot lawfully be treated in accounting as a true asset, but the lowest form of promissary labor calculated for the effective working life of the "slave". | ||
| Sovereign debt | ||
| A common and misleading term used by debt currency banks and franchises describing debt instrument issued by these governments, implying greater status on such instruments. The most common instrument issued under this misleading term "sovereign debt" are bonds. In almost all cases, neither the citizens of the nation, nor the nation itself as a corporate entity have any sovereign rights or status under associated international law. Instead, such bonds as those issued through using birth certificates in the ancient fashion as slave bonds have little real value, nor credibility compared to willing consentual Sovereign Labor Equity. |
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| Sovereign Labor Equity | ||
| A unique Asset available only to those societies that subscribe to the Ucadian Society Model and the Covenant of One Heaven whereby the highest of all laws recognize the Sovereign status and membership to One Heaven of all men, women and higher order spirits, living and deceased as recorded in the Great Register and Public Record and simultaenously living men and women pronounce their Sovereign status as members to a particular Ucadian Society. Sovereign Labor Equity is the highest form of equity and is calculated at fifteen (15) times greater than Slave Labor Equity . Sovereign Labor Equity is one of the asset classes underwriting all the currency of the Globe Union Reserve Bank. | ||
| Stock Certificates of One Heaven | ||
| Under Article 117.8 of the most sacred and supreme Covenant of One Heaven, the asset of Sovereign Labor Equity is securitized through the recording of each Member into the Great Register and Public Record of One Heaven representing one (1) Stock Certificate of One Heaven. These securitized assets then provide the second asset underwriting of Supreme Credits with one hundred (100) Stock Certificates underwriting one (1) Supreme Credit. | ||
| Strategic Ratings Division (SRD) | ||
| One of the ten (10) Divisions (departments) of the Globe Union Reserve Bank. The Strategic Ratings Division (SRD) of the Bank is the Division responsible for managing the core ratings and metrics used by the Bank in determining policy, quotas and key decisions. |
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| Structural Adjustment | ||
| Changing the way in which an economy is organized in order to raise productive capacity. Reforms associated with structural adjustment can include liberalization of trade and investment policies and anti-competitive agricultural policies; removal of exchange and price controls; and reform of government income policies. |
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| Supreme Financial System (SFS) | ||
| The first truly "global financial system" in history. Based on the triple asset underwritten Supreme Credit as the ultimate objects of extreme asset value, the Supreme Financial System provides adequate capital for all nations and corporations to firstly overcome the paralysis of unsustainable debt and secondly sufficiently and stable capital adequacy reserves to assist nations and regional governments stabilize the value of their currencies and promote short, medium and long term economic growth. The system has already been pre-launched to over 30 nations with the remaining launch due for completion by December 2009 including assistance to over 1,000 of the largest corporations to reduce their debt burdens and promote immediate international growth in employment. | ||
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