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TeachMeFinance.com - explain Thrown out of loans historic definition... Thrown out of loans -- A Wall Street term ; securities which are not accepted by lenders of money as collateral are said to have been thrown out of loans. Usually when securities are rejected as collateral it is because of their unmarketable character or because of uncertainty as to their value. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.