Hypothecate

Business / Real Estate / Hypothecate: To pledge real or personal property as security for a loan or other obligation without surrendering possession of the property. The borrower retains the rights of control and possession, and the lender secures an underlying equitable right in the pledged property.

Rehypothecation

Business / Finance / Rehypothecation: Pledging to banks by securities brokers of the amount in customers' margin account as collateral for broker loans, which are used to cover margin loans to customers for margin purchases and selling sh MORE

Collateral

Business / Finance / Collateral: An upper and lower limit on the interest rate on a floating-rate note (FRN) or an adjustable-rate mortgage (ARM). MORE

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