What are the differences among Mortgage, Pledge and
Hypothecation ? please any body reply me in simple language
as I have read many articals on it still I find my self
anble to explain it, I always get confused.
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Answer Posted / govind
an asset is mortgaged to the bank for a loan.
securities and certificates are pledged (submitted) for loan.
a vehicle is Hypothecated to a bank which finances it.
| Is This Answer Correct ? | 41 Yes | 40 No |
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