- 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. This is legal with customer consent, although some securities and collateral must be kept separately. Bloomberg Financial Dictionary
* * *commingle com‧min‧gle [kəˈmɪŋgl] verb [transitive]LAW ACCOUNTING FINANCE if a financial organization commingles money, it mixes its own money with money that belongs to its customers or to another part of the business, usually in an illegal way:
• The company faces charges that it commingled its own funds with customer funds.— commingling noun [uncountable]
* * *commingle UK US /kəˈmɪŋɡl/ verb [T] FINANCE► to mix an amount of money belonging to one person, business, or account with that of another when the money should have been kept separate: commingle sth between sth »
The schools regularly commingled funds between accounts.commingling noun [U]► »
He had to answer questions about the commingling of endowment funds with other museum funds.
Financial and business terms. 2012.