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Motions generally require court hearings.
Stockbroker
A professional who buys and sells stocks and other securities on behalf of clients in exchange for a fee or commission.
Securities
Financial instruments that represent an ownership position in a publicly traded corporation (stock), a creditor relationship with a governmental body or a corporation (bond), or rights to ownership as represented by an option.
Collateral
An asset that a borrower offers to a lender as security for a loan.
Hypothecated
Hypothecated refers to assets that are pledged as collateral for a loan without transferring title or possession to the lender, often used in secured loans.
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