From Wikipedia, the free encyclopedia. A pledge fund, in finance, is a private equity investment platform where unlike a traditional committed private equity fund, investors provide capital on a deal-by-deal basis. In a pledge fund, the investors provide a loose commitment of capital to an investment team, the manager of the fund, to make investments within certain preset parameters. Thereafter, the investors must approve each transaction and will decide whether to pursue each transaction independently.
https://en.wikipedia.org/wiki/Pledge_fund
What is a 'Pledged Asset'. A pledged asset is transferred to a lender for the purpose of securing debt. Homebuyers can sometimes pledge assets, such as securities, to lending institutions to reduce the necessary down payment.
http://www.investopedia.com/terms/p/pledgedasset.asp
A type of loan that is backed by the borrower's assets. If a ... A debt instrument, secured by the collateral of specified real ... A mortgage loan in which the borrower receives a loan amount ... A review of the borrower’s credit history, employment history, ...
http://www.investopedia.com/terms/p/pledgedasset.asp
BREAKING DOWN 'Pledged Asset'. The type and amount of pledged assets for a loan are negotiated between the lender and borrower. Because pledged assets give lenders a sense of security, pledged-asset loans typically provide borrowers better interest rates than unsecured loans.
http://www.investopedia.com/terms/p/pledgedasset.asp
In response, India suggested a mutual pledge not to launch a devastating nuclear first strike. In response, India has suggested a mutual pledge not to launch a nuclear strike first. Finding an entire pig was virtually impossible, and, thus, year after year, Grandpa and I postponed our mutual pledge to go to the market and purchase the animal.
http://legal-dictionary.thefreedictionary.com/mutual+pledge
In response, India suggested a mutual pledge not to launch a devastating nuclear first strike. War fears as Pakistan continue nuke tests. In response, India has suggested a mutual pledge not to launch a nuclear strike first. Finding an entire pig was virtually impossible, and, thus, year after year, Grandpa and I postponed our mutual pledge to go to the market and purchase the animal.
http://legal-dictionary.thefreedictionary.com/mutual+pledge
Pledge/Lien on Mutual Funds. A Mutual Fund investor can get a loan against his existing units. An investor can pledge his Mutual Fund units as a security to lenders such as banks and non-banking financial companies to borrow money against the existing units. To borrow the money, a lien has to be marked against the the units.
http://amc.ppfas.com/knowledge-center/investor-education-programme/Pledge-lien-on-mutual-funds/index.php
Donor Alliance and hospitals throughout the region have a mutual pledge to continue to improve donation rates to help the more than 2,300 people throughout our states who are currently awaiting the lifesaving transplants they need.
http://legal-dictionary.thefreedictionary.com/mutual+pledge
In his address at the UN General Assembly last week, Sharif proposed a mutual pledge by India and Pakistan not to resort to use of force or such other threat under any circumstances and respect for the 2003 bilateral accord for a ceasefire along the Kashmir Line of Control.
http://legal-dictionary.thefreedictionary.com/mutual+pledge
Nothing prevents you from using a mutual fund for collateral, providing your lender will accept it. There are reasons, however, why the lender may not. There are also some procedural complications in providing a mutual fund as security for a loan that make it a less-than-ideal form of collateral. At the retail level, lenders like collateral that can easily be seized, such as real estate.
http://finance.zacks.com/can-use-mutual-fund-collateral-11131.html
what is pledged mutual fund
An investor can pledge his Mutual Fund units as a security to lenders such as banks and non-banking financial companies to borrow money against the existing units.