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Nilanjan Bhowmick AIR 3, CSIR NET (Earth Science)
N. K. Gupta posted an Question
April 05, 2021 • 14:53 pm
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30 points
30 points
- UGC NET
- Commerce
Diffence between assets not specifically pledged and assets specifically pledged and their simple definitions
diffence between assets not specifically pledged and assets specifically pledged and their simple definitions
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Rucha rajesh shingvekar
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Assets not specifically pledged means one which is not subject to any security held by a creditor or creditors. If you own a asset not being used as security for a loan like that -- that is an asset not specifically pledged --- which means it's available for the creditors.
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Rucha rajesh shingvekar Best Answer
A pledged asset is a valuable possession that is transferred to a lender to secure a debt or loan. ... Pledged assets can reduce the down payment that is typically required for a loan as well as reduces the interest rate charged. Pledged assets can include cash, stocks, bonds, and other equity or securities.