rehypothecation
/ˌriːhʌɪˌpɒθɪˈkeɪʃn/Finance (originally and chiefly US )
noun
The pledging of securities held in brokers' client accounts as collateral, usually for buying further securities.
Origin
Late 19th century; earliest use found in The Titusville Morning Herald. From re- + hypothecation, after rehypothecate.
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