Borrowing funds from a lender, investing those funds in a debt instrument, and giving the lender a security interest in the debt instrument as the collateral for the loan.
Other terms explained in the Business Loans Glossary
Business Loans Glossary: Hypothecation
Business Loans Glossary: Hypothecation
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Article Id: 79 - Version: 3 - Created: 25-02-2008 - Last Updated: 26-03-2008 - Hits: 424
Categories: Glossary
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