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.
Mentioned in these definitions
Mentioned in these terms
Popular 'Accounting & Auditing' Terms
pledging in the news
Loading...
This content can be found on the following page:
http://www.businessdictionary.com/definition/pledging.html
