Mortgage and pledge are often used and freely interchanged, when used in common parlance. However, they have very big differences. Pledge and mortgage differ in several ways and here is the difference between the two. 1) Movable and immovable assets ...
These terms are basically related while creating a charge on the assets, which are provided by the borrower to the lender as a security to loan. In both cases, the lender can sell an asset and loan amount if the situation ...
