Outrageously Funny Word Dictionary :: Preholder

👉 In finance, a "preholder" is an investor who pledges their assets as security for a loan or investment. This means that they do not directly lend money to the borrower, but rather guarantee repayment of the loan or investment on behalf of the borrower. The investor typically gives up some equity in their asset (such as shares) in exchange for the preholder's pledge.

preholder