| Commingling
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1. In the context of securities, mixing customer-owned securities
with brokerage-owned securities.
2. In the context of trust banking, pooling individual accounts with
each customer owning a share of the fund. Very similar to a mutual
fund.
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In
the securities context, the process of securing loans with customer
collateral is called rehypothecation. This can be legal under some
circumstances with customer consent. |
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Dictionary
