Used in the context of securities , this involves mixing customer-owned securities with brokerage firm-owned securities . This process is referred to as rehypothecation , which is the use of customers' collateral to secure their loans, and it is legal with customer consent, although some securities and collateral must be kept separately.
COMMINGLING
Meaning of COMMINGLING in English
Campbell R. Harvey. Hypertextual finance English glossary. Английский словарь гипертекстовых финансов. 2012