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Template:Rehypothecation capsule: Difference between revisions
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Amwelladmin (talk | contribs) (Created page with "To rehypothecate an asset you have been pledged is to take full legal and beneficial title to it, against an obligation to return an equivalent, fungible asset at a la...") |
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===Rehypothecation in a {{nutshell}}=== | |||
To rehypothecate an asset you have been pledged is to take full legal and beneficial title to it, against an obligation to return an [[equivalent]], [[fungible]] asset at a later date. This means you can sell the asset in the market, thereby realising funds with it, or to use it as [[collateral]] in a market transaction elsewhere. | To rehypothecate an asset you have been pledged is to take full legal and beneficial title to it, against an obligation to return an [[equivalent]], [[fungible]] asset at a later date. This means you can sell the asset in the market, thereby realising funds with it, or to use it as [[collateral]] in a market transaction elsewhere. | ||