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Tag: Mortgage

Understanding the Differences: Mortgage, Pledge, and Hypothecation

Posted on December 29, 2023January 31, 2025 By hindlaw No Comments on Understanding the Differences: Mortgage, Pledge, and Hypothecation
Understanding the Differences: Mortgage, Pledge, and Hypothecation

In our daily lives, we have heard terms or words like mortgage, pledge, and hypothecation but seems difficult to figure out the differences between them as they are used interchangeably by common people even by individuals who know the law. While these terms might sound similar, they represent different ways of using assets(immovable or immovable…

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