Outrageously Funny Word Dictionary :: Interpledging

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What is the definition of Interpledging? 🙋

👉 Interpledging is a type of financial transaction where two or more parties agree to exchange one or more assets for another asset in exchange. This can be done either through an agreement between two parties, or by transferring ownership and rights to an asset through a legal document. In the context of interpledging, both parties involved have agreed to transfer a certain amount of money or property to each other in return for a new asset. The purpose of this transaction is to create a new financial relationship that benefits


interpledging

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