A legal requirement designed to secure collateral for certain types of deposits such as public funds deposited by a government entity in a commercial bank. Many banks meet this mandate by setting aside actively traded securities that are issued or insured by the U.S. government (e.g., treasury bills) in a separate account. These securities are pledged (reserved) to cover the value of the funds deposited by the state or local government in the event of a bank default.
Related information about pledging requirement:
- Pledging Requirement Definition | Investopedia
Any legal or bureaucratic requirement that securities be pledged as collateral for public fund deposits or other specific deposits. These securities must be ...
- Pledging Requirement: Definition from Answers.com
Pledging Requirements Administrative, statutory, or contractual requirement that securities be hypothecated as collateral for public fund deposits or serve.
- Pledging Requirements and Bank Asset Portfolios
Utah, Vermont, and Wisconsin. about half of these states have a uniform pledging requirement for state and local deposits that ranges from 5 per cent in South ...
- What is pledging requirement? definition and meaning
Definition of pledging requirement: A legal requirement designed to secure collateral for certain types of deposits such as public funds deposited by a ...
- What is pledging? definition and meaning
Mentioned in these terms. pledging requirement. Browse by Letter: #ABCDEFGHI JKLMNOPQRSTUVWXYZ. Resources. Browse by subject · Tips · Answers ...
- Scholarship in Recruitment - Phi Gamma Delta
How does the chapter's scholastic pledging requirement compare to that of other fraternities on campus? How does the chapter's GPA goal compare to their ...
- Student Organization Handbook - Abilene Christian University
Completion of Pledging Requirements............................................................................. ..........28. Morning Activities .
- Comprehensive Guide 2005 - GASB 40.doc - Colorado General ...
... 10 percent are exposed to custodial credit risk. From the Colorado Division of Banking: The minimum pledging requirement is 102% of the uninsured deposits.