pledged account

A mortgagor’s account pledged to a lender in return for a loan bearing interest at a below-market rate. [Cases: Pledges 5. C.J.S. Pledges § 8.]

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词条贡献者

法律翻译Grace，知名法学院法律翻译专业，擅长翻译有关传媒、体育和娱乐领域的法律文件。