Pledge and Point and figure chart: Difference between pages

Revision as of 14:20, 23 October 2012

A chart in the form of series of 'x's and 'o's, representing rising and falling market prices, independent of time.

@@ Line 1: / Line 1: @@
-An item transferred by a borrower to a lender, as a security for a debt.
+A chart in the form of series of 'x's and 'o's, representing rising and falling market prices, independent of time.
-The borrower remains the legal owner of the item, but if the borrower fails to repay the loan the lender has the right to sell it and to use the proceeds to pay the debt.
-The lender normally retains physical possession of the asset until the debt is repaid.
 == See also ==
-* [[Covered bond]]
+* [[Chartism]]
-* [[Fixed charge]]
-* [[Garnishee order]]
-* [[Lien]]
-* [[Mortgage]]
-* [[Remedy]]
-[[Category:Accounting,_tax_and_regulation]]
-[[Category:The_business_context]]