HYPOTHECATION, in securities, is the pledging of securities to brokers as collateral for loans made to cover short sales or purchase securities. In banking, it is the pledging of property to secure a loan.
MONEY MARKET PREFERRED STOCK see AUCTION-RATE PREFERRED STOCK.
FORCED LIQUIDATION VALUE is the value at which the asset or assets are sold as quickly as possible, such as at auction.
Enter a term, then click the entry you would like to view.