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Contractual lien

possession pending payment of sums due to the possessor. The contractual lien, which is often equated with a pledge, is to be distinguished from it in that possession is taken for purposes other than security and unless

Arrha

Arrha, short for arrhabo [fr. appabwv, Gk.], earnest, pledge, evidence of a completed bargain.

Collateral

of the mortgagee (see Re Athill, (1880) 16 Ch D 211) or a bill of exchange given, or pledge deposited to secure a pre-existing debt; and collateral contract, where a contract by word of mouth co-exists [see

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redeem

and not on the open market [ preferred shares] 2 a : to free from a lien or pledge usually by payment of the amount secured thereby [ collateral] b : to exercise an equity of redemption

Bet

That which is laid staked or pledged as between two parties upon the event of a contest or any contingent issue the act of giving

undertaking

undertaking 1 : a promise or pledge esp. required by law 2 : something (as cash or a written promise) deposited or given as security

surety

security, from Old French, from Latin securitat- securitas, from securus secure] 1 : a formal engagement (as a pledge) given for the fulfillment of an undertaking 2 : one (as an accommodation party) who promises to answer

subscribe

attestation [such witnesses shall the will in the presence of the testator "West Virginia Code"] b : to pledge (a gift or contribution) by writing one's name with the amount c : to sell (stock) by subscription

secured debt

secured debt Debt backed by a mortgage, pledge of collateral, or other lien; debt for which the creditor has the right to pursue specific pledged property

secure

with security [the court imposed a lien on his property to the judgment] c : to give or pledge security to (as a creditor) ;broadly : to cause to have security or a security interest [a creditor

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