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rehypothecate

   Also found in: Dictionary/thesaurus 0.03 sec.
rehypothecate
To repledge stock as collateral for a loan. In practice, this term means to pledge securities (by a brokerage firm) for a bank loan when the securities have already been pledged to the firm by one of its customers. The brokerage firm essentially passes along the collateral in order to obtain a loan to finance the customer's account.
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