Sentences with phrase «pledged asset account»
A pledged asset account funded with 100 % cash equivalent assets has an initial pledge amount and a minimum pledge equal to 100 % of the base.
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While lenders do not typically require business owners to pledge assets in the form of capital, such as property, they will require the collateral in the form of inventory, accounts receivables, and more.
``... If you buy life insurance, collectibles or pledge your account as security, the only portion that will be taxed is the specific asset / value in question.