👉 In financial markets, a "pre-pledge" refers to a transaction or arrangement where an investor has already made a deposit into a fund or other investment vehicle. This is typically done before the actual purchase of securities or assets. For example, if you have invested in a mutual fund and want to buy additional shares, you would need to pre-pledge your funds first, as this allows you to secure the right to purchase additional shares without having to make an initial deposit. This process is
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What is the definition of Prepledged? 🙋
👉 In the context of blockchain technology, a prepledged account is an initial state where a user has committed to deposit funds into a specified amount or value. This commitment typically precedes any actual transaction between two parties, and it's typically used in scenarios where there is uncertainty about how much money will be spent on a project or service. In the context of prepledged accounts, "prepledged" refers to the fact that the account has been committed to deposit funds into a specified amount.
