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Rehypothecation: Difference between revisions
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{{anat|pb|}}''Compare with [[title transfer]]'' | {{anat|pb| | ||
{{subtable|{{rehypothecation capsule}}}} | |||
}}''Compare with [[title transfer]]'' | |||
Often used in place of the better term “{{pbprov|reuse}}”, {{pbprov|rehypothecation}} is a [[New York law]] term for the right to [[reuse]] pledged assets. It is not strictly accurate when applied to [[title transfer collateral arrangements]] as the collateral taker owns the asset absolutely, and does not therefore need a right to “[[rehypothecate]]” it.'' | Often used in place of the better term “{{pbprov|reuse}}”, {{pbprov|rehypothecation}} is a [[New York law]] term for the right to [[reuse]] pledged assets. It is not strictly accurate when applied to [[title transfer collateral arrangements]] as the collateral taker owns the asset absolutely, and does not therefore need a right to “[[rehypothecate]]” it.'' | ||
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There is a world of difference between [[rehypothecation]] and [[agent lending]], even though {{tag|UCITS V}} threatens (vaguely) to regard them as [[22(7) - UCITS V Provision|different varieties of the same thing]]. | There is a world of difference between [[rehypothecation]] and [[agent lending]], even though {{tag|UCITS V}} threatens (vaguely) to regard them as [[22(7) - UCITS V Provision|different varieties of the same thing]]. | ||
===Where you DO see a right of rehypothecation=== | ===Where you DO see a right of rehypothecation=== | ||