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Pledge
With a pledge, a right or asset is given as additional security.
A pledge gives the lender security over a right or asset, such as a savings account, insurance policy or investment account. If obligations are not met, the lender may have rights to that pledged asset. Pledges are often used in financial and mortgage structures.
Useful link:
Category:
Legal & Securities
Tags:
zekerheid, hypotheek, juridisch
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