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N. k. gupta Asked a Question
April 5, 2021 9:23 ampts 30 pts
diffence between assets not specifically pledged and assets specifically pledged and their simple definitions
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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 l...
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  • Rucha rajesh shingvekar thankyou
    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 -...
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