Pledge (loan on collateral security; dead pledge)

A loan on a movable pledge, such as securities, which is taken into the creditor’s own management, e.g. in his hand, in contrast to a pledge loan, which relates to an immovable pledge, such as real estate. – In the event of insolvency, valuable objects from the (still) existing assets are handed over to the creditor. – See Arrest money, Collateral risk, Collection, First, sad, Maturity, Child pledge, Mortuary pledge, Pledge, Pawnbroker, Real security, Excess, Usury, Payhouse.

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