what is hypothecation

Business & Finance
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what is hypothecation

Dec 21st, 2014

Hypothecation is the practice where (usually through a letter of hypothecation) a borrower pledges collateral to secure a debt or a borrower, as a condition precedent to a loan, or has a third party (usually an affiliate) pledge collateral for the borrower.

Dec 21st, 2014

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Dec 21st, 2014
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Dec 21st, 2014
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