rehypothecation

English

Etymology

From rehypothecate +‎ -ion, alternatively re- +‎ hypothecation.

Noun

rehypothecation (countable and uncountable, plural rehypothecations)

  1. (finance) The pledge of hypothecated client-owned securities in a margin account to secure a bank loan; usually used for mortgages.
This article is issued from Wiktionary. The text is available under Creative Commons Attribution-Share Alike 4.0 unless otherwise noted. Additional terms may apply for the media files.