History, asked by Anonymous, 5 hours ago

What's a
Pledge ? and pl follow me guys​

Answers

Answered by Anonymous
1

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  • A pledge is a bailment that conveys possessory title to property owned by a debtor to a creditor to secure repayment for some debt or obligation and to the mutual benefit of both parties. The term is also used to denote the property which constitutes the security. The pledge is a type of security interest
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