pledge of movables meaning in Chinese
动产抵押
资产抵押
Examples
- Article 63 pledge of movables as used in this law means that the debtor or a third party transfers the possession of his movables to the creditor as a security for debt
第六十三条本法所称动产质押，是指债务人或者第三人将其动产移交债权人占有，将该动产作为债权的担保。