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to pledge assets

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См. также в других словарях:

  • PLEDGE — The Concept In Jewish law, in addition to the personal right of action against the debtor, the creditor also has a right of lien on   the latter s property. This lien automatically comes into being when the debt is created and is termed aḥarayut… …   Encyclopedia of Judaism

  • pledge — ▪ I. pledge pledge 1 [pledʒ] noun [countable] 1. JOURNALISM a formal, usually public, promise that you will do something: • the President s pledge to make employment his priority 2. LAW …   Financial and business terms

  • Negative pledge — Contract law Part o …   Wikipedia

  • Negative Pledge Clause — A negative covenant in an indenture stating that the corporation will not pledge any of its assets if doing so gives the lenders less security. Also be referred to as a covenant of equal coverage . A negative pledge clause is just another way for …   Investment dictionary

  • negative pledge — An undertaking given by a borrower to a bank not to create any other secured indebtedness, (whether ranking before or after the bank) without its consent usually as part of the bank s standard documents Easyform Glossary of Law Terms. UK law… …   Law dictionary

  • negative pledge — A document or a provision in a document in which a borrower agrees not to give any creditor a security interest in identified property owned by the borrower. American Banker Glossary An agreement in which the borrower agrees not to pledge any of… …   Financial and business terms

  • negative pledge — noun A type of loan or loan condition in which the borrower agrees with the lender not to allow any other lender or creditor to rank ahead for payment in the event of a liquidation. Such a loan is unsecured (ie. not backed by a charge over… …   Wiktionary

  • collateralize — In the USA, to pledge assets to secure a debt. If the borrower defaults on the terms and conditions of the agreement the assets will be forfeited …   Accounting dictionary

  • collateralize — In the USA, to pledge assets to secure a debt. If the borrower defaults on the terms and conditions of the agreement the assets will be forfeited …   Big dictionary of business and management

  • collateralize — verb a) To secure a loan by using collateral. b) To pledge assets as collateral. See Also: collateralization …   Wiktionary

  • Pledged Asset — An asset that is transferred to a lender for the purpose of securing debt. The lender of the debt maintains possession of the pledged asset, but does not have ownership unless default occurs. A pledged asset is returned to the borrower when all… …   Investment dictionary

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