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Rehypothecation: Difference between revisions
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{{a|glossary|}}{{anat| | {{a|glossary|}}{{anat|pb|}}''Compare with [[title transfer]] and {{pbprov|reuse}}.'' | ||
Often used in place of the better term “{{pbprov|reuse}}”, {{pbprov|rehypothecation}} is a New York law means of achieving [[reuse]] of pledged assets. It is not strictly accurate when applied to [[title transfer collateral arrangements]] as the collateral taker in that case 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 means of achieving [[reuse]] of pledged assets. It is not strictly accurate when applied to [[title transfer collateral arrangements]] as the collateral taker in that case owns the asset absolutely, and does not therefore need a right to “[[rehypothecate]]” it.'' | ||