Hypothecation - When a person pledges a mortgage as collateral for a loan. It also refers to the right that a banker has to liquidate goods if you fail to service a loan.
The pledging of securities as collateral - for example, to secure the debit balance in a margin account.
Hypothecation : when a person pledges a mortgage as collateral for a loan. it also refers to the right that a banker has to liquidate goods if you fail to service a loan.
the pledging of securities as collateral - for example, to secure the debit balance in a margin account.