Your browser does not seem to support JavaScript. As a result, your viewing experience will be diminished, and you have been placed in read-only mode.
Please download a browser that supports JavaScript, or enable it if it's disabled (i.e. NoScript).
a written agreement between a person or company that borrows money and the bank lending the money in which the borrower promises to give the bank shares they own and have left with the bank, if they fail to pay back the loan
Share your knowledge with the community
Browse our collection of 300,000+ community-written definitions
