# Lombarding (lending on securities, pledging of securities, lodging of securities as cover)

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- Post ID: 593605
- Modified: 2023-07-25T21:02:42+00:00
- Language: en

## Definition

In general, the granting of a loan in exchange for a pledge as collateral. - In particular, the lending of securities. If a lien is to arise, it must be deposited with the lender or with a depository on behalf of the lender. - The term "lombarding" in relation to papers has been more and more replaced by "retirement" in more recent times. - See Vinkulation Transaction. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 2.0.0