Series 53: 3.1.1.3.1. Hypothecation Agreement

Taken from our Series 53 Online Guide

3.1.1.3.1. Hypothecation Agreement

A hypothecation agreement is one in which a broker-dealer agrees to lend money to a customer, who pledges an amount of his assets as collateral

Since you're reading about Series 53: 3.1.1.3.1. Hypothecation Agreement, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 53
Please Enable Javascript
to view this content!