seasoning
A2CEFR level
90/100Rarity: very rare
TechnicalRegister
Law noun
The passage of time after issuance that lets restricted securities become freely tradable or an issuer qualify for streamlined registration.
Once the seasoning period ran, the restricted block could dribble out under the volume limits.
Business noun
The period a loan or security must be held before its performance is deemed reliable or it becomes freely tradable.
Buyers wanted twelve months of seasoning before they would touch the mortgage pool.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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