...的运作机理是：它首先购买赤字单位发行的直接证券（Direct Securities），然后再向盈余单位发行间接证券（Indirect Securities），成为赤字单位和盈余单位之间名副其实的媒介。
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... 附属担保品 collateral security 合格担保品 eligible collateral 间接担保品 indirect securities ...
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Indirect holding is the mainstream method of holding securities in the international securities market.
间接持有是国际证券持有的主流模式。
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We heard a lot about the banks that were rendered insolvent by mortgage securities gone bad, but rarely about the individual savers with direct and indirect exposure to imprudent borrowers.
FORBES: The Ongoing, and Hideous Lie About 'Victimized' Mortgage Holders
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