英语词汇“pledged asset”的翻译、意思、用法、释义-英汉经管词典

单词	pledged asset
释义	pledged asset Definition Asset used as collateral for a loan. A pledged asset is transferred to the lender from the borrower to secure the debt. Ownership of the asset remains with the borrower during the loan period. When the debt has been repaid, the pledged asset is transferred back to the borrower. The lender assumes ownership of the loan if the borrower defaults on the loan.
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