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Pledge of accounts receivable

• The use of a firm's accounts receivable as security, or collateral, to obtain a short-term loan.

 
 Embedded terms in definition
 Accounts receivable
Collateral
Security
Term loan
 
 Related Terms
 Accounts payable
Accounts payable management
Accounts receivable
Accounts receivable turnover
Aging of accounts receivable
Average age of accounts receivable
Chart of accounts
Factoring accounts receivable
Ira/keogh accounts
Negative pledge clause
Now accounts
Passbook savings accounts
Stretching accounts payable
Wrap or wrap accounts

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