Inicio >  Term: बंधक
बंधक

A written conveyance of title to real estate property, but not its possession, to secure the payment of a debt or the performance of some obligation. Distinguished from a lien in that the creditor has actual title to the property and from a pledge in that the debtor retains possession. In Switzerland, such rights may take the form of a mortgage assignment or mortgage note. See also fixed-rate mortgage, portfolio mortgage.

0 0

Creador

  • mitraashutosh
  • (India)

  •  (V.I.P) 10722 puntos
  • 100% positive feedback
© 2025 CSOFT International, Ltd.