Françoise Clementi

Buscar
Cerrar este cuadro de búsqueda.

pledge loan

« Back to Glossary Index

The borrower deposits personal property as security for a personal loan of money. If the loan is not repaid when due, the personal property pledged shall be forfeit to the lender. The property is known as collateral.
(source: http://legal-dictionary.thefreedictionary.com/pledge)

« Back to Glossary Index
Facebook
Twitter
LinkedIn
Reddit
WhatsApp
Telegram
Email
Print

Deja una respuesta

Tu dirección de correo electrónico no será publicada. Los campos obligatorios están marcados con *