Accountancy, asked by garimat504, 9 months ago

What is hypothecation against stock

Answers

Answered by manojthakkar1934
2

Explanation:

Hypothecation occurs when an asset is pledged as collateral to secure a loan, without giving up title, possession, or ownership rights, such as income generated by the asset. However, the lender can seize the asset if the terms of the agreement are not met.

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