Pledging

Offering assets to a Lender as Collateral for a Loan. Though the Asset will be pledged to the lender, it it still owned by the borrower unless he/she defaults on the Loan.

Related Terms: 10 Asset, Borrow, Collateral, Default, Lend, Lender, Loan, Owe, Own, Ring

Other Related Pages: Category: Lending_and_Credit Starting With: P

Additional Related Terms: Active asset, Allowance for depreciation, Alternative assets, Asset, Asset/equity ratio, Available assets, Asset management account, Accrual of discount, Amortization of premium, Asset-backed security