different between hypothecated vs rehypothecation

hypothecated

English

Verb

hypothecated

  1. simple past tense and past participle of hypothecate

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rehypothecation

English

Etymology

rehypothecate +? -ion, alternatively re- +? hypothecation.

Noun

rehypothecation (countable and uncountable, plural rehypothecations)

  1. (finance) The pledge of hypothecated client-owned securities in a margin account to secure a bank loan; usually used for mortgages.

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