commingling

commingling
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 [kəˈmɪŋgl] 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.

Игры ⚽ Нужен реферат?

Look at other dictionaries:

  • commingling — The act of mixing the funds belonging to one party with those of another party. Usually, spouses or business partners may commingle assets without a problem. However, in community property states, a spouse may run the risk of turning separate… …   Law dictionary

  • commingling — noun [noncount] the commingling of fact and fiction • • • Main Entry: ↑commingle …   Useful english dictionary

  • Commingling — Professional responsibility D …   Wikipedia

  • Commingling — Commingle Com*min gle, v. t. & i. [imp. & p. p. {Commingled}; p. pr. & vb. n. {Commingling}.] To mingle together; to mix in one mass, or intimately; to blend. Bacon. [1913 Webster] …   The Collaborative International Dictionary of English

  • commingling of funds — n. A fiduciary’s mingling of a client’s or beneficiary’s money with his or her own. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008. commingling of funds …   Law dictionary

  • Commingling (Commingled) — 1. In securities, it is the mixing of customer owned securities with brokerage owned securities. 2. In trust banking, it is the pooling of individual customer accounts into a fund, a share of which is owned by each contributing customer. This is… …   Investment dictionary

  • commingling — v. merge, mix, blend; become a part of, join in …   English contemporary dictionary

  • Commingling —   The mixing of one utility s generated supply of electric energy with another utility s generated supply within a transmission system.   U.S. Dept. of Energy, Energy Information Administration s Energy Glossary …   Energy terms

  • commingling —  Слиянность …   Вестминстерский словарь теологических терминов

  • commingling — /kə mɪŋnlɪŋ/ noun US the action of mixing financial information from different sources so that no single source can be identified, as when the difference between personal financial information and company financial information is blurred …   Dictionary of banking and finance

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”