* Site-Outage Notice: Our engineering elves will be tweaking the Shmoop site from Monday, December 22 10:00 PM PST to Tuesday, December 23 5:00 AM PST. The site will be unavailable during this time.
© 2014 Shmoop University, Inc. All rights reserved.

Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.



To pledge. Perchance to guarantee. When you want to borrow (margin), you need collateral. Hypothecate means that the lender has an interest in the securities purchased with the borrowed funds, but does not actually take possession of that collateral.