pledging
Definition
Collateralizing arrangement in which a lender has both the possession and right to sell, but not the title to, the collateralized asset or property. Arrangement in which neither the possession nor the title but only the right to sell passes on to the lender is called hypothecation.
pledging is in the Accounting & Auditing, Banking, Commerce & Finance and Corporate, Commercial, & General Law subjects.
pledging appears in the definitions of the following terms: asset liability management, five C's of credit, stock power, security, negative pledge, collateralization, security instrument, hypothecation, direct credit substitute and spendthrift provision
pledging appears in the other term: pledging of accounts receivable
This content can be found on the following page:
http://www.businessdictionary.com/definition/pledging.html
email to a friend
print this definition
cite this definition
link to this page