Identification
Definition
The Real Right of Pledge is a security interest that allows a creditor to hold a tangible asset or property as collateral to secure a debt or obligation from the debtor. In the event of default, the creditor has the right to seize and potentially sell the pledged property to satisfy the debt, subject to the rules and procedures outlined in the governing law.
Class Relationships
Sub Class Of
Is Defined By
N/A
See Also
None
Parent Class Of 2
Class Hierarchy Visualization
Interactive graph showing class relationships - click on any node to navigate to that class
Additional Information
Metadata
Comment
None
Description
None
Notes
- • None
Editorial Information
History Note
None
Editorial Note
None
Deprecated
No
Source and Origin
No source or origin information available