- Pledging Requirement
- Any legal or bureaucratic requirement that securities be pledged as collateral for public fund deposits or other specific deposits. These securities must be marketable and trade actively. Treasury securities are usually pledged at full face value, while banker's acceptances and commercial paper are taken at 90% of their face value.
Pledging banks usually keep pledged securities in some sort of separate account. These securities can be held by many different institutions, such as an independent trustee or Federal Reserve Bank. They can then serve as collateral for deposits made by local and state governments as well as the federal government.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
Phi Kappa Pi — Infobox Fraternity name = Phi Kappa Pi letters = ΦΚΠ crest = motto = Canada s Only National Fraternity headquarters = Toronto, Ontario colors = Blue and Old Gold symbol = Maple Leaf birthplace = University of Toronto, McGill University founded =… … Wikipedia
United States — a republic in the N Western Hemisphere comprising 48 conterminous states, the District of Columbia, and Alaska in North America, and Hawaii in the N Pacific. 267,954,767; conterminous United States, 3,022,387 sq. mi. (7,827,982 sq. km); with… … Universalium
religion — religionless, adj. /ri lij euhn/, n. 1. a set of beliefs concerning the cause, nature, and purpose of the universe, esp. when considered as the creation of a superhuman agency or agencies, usually involving devotional and ritual observances, and… … Universalium
international relations — a branch of political science dealing with the relations between nations. [1970 75] * * * Study of the relations of states with each other and with international organizations and certain subnational entities (e.g., bureaucracies and political… … Universalium
Military Affairs — ▪ 2009 Introduction Russia and Georgia fought a short, intense war in 2008, fueling global fears of a new Cold War. On August 7 Georgia launched an aerial bombardment and ground attacks against its breakaway province of South Ossetia.… … Universalium
United Nations — 1. an international organization, with headquarters in New York City, formed to promote international peace, security, and cooperation under the terms of the charter signed by 51 founding countries in San Francisco in 1945. Abbr.: UN Cf. General… … Universalium
Oath of citizenship (Canada) — The Oath of Citizenship, as established by the Citizenship Act (R.S. 1985), is a statement recited and signed by candidates who wish to become citizens of Canada; upon signing the oath, citizenship is granted. [… … Wikipedia
Wikipedia:Featured article candidates — Here, we determine which articles are to be featured articles (FAs). FAs exemplify Wikipedia s very best work and satisfy the FA criteria. All editors are welcome to review nominations; please see the review FAQ. Before nominating an article,… … Wikipedia
Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… … Universalium
Oath of Citizenship (Canada) — Immigration to Canada This article is part of a series Topics Canadians … Wikipedia