pledged assets

基本解释

Are any of your assets pledged as security?
你的资产中有抵押做担保吗？
This may involve higher margin payments or a bigger “haircut” shaved off the value of assets pledged as collateral.
这会包括较高保证金，或是在抵押品打折时“大砍一刀”。
ecocn.org
And the Fed reserves the right to demand other assets if pledged collateral turns bad.
而且美联储保留了一项权利，当被抵押的抵押品质量变坏时，可以要求更换其它资产。

Also, there are reports that officials have pledged non-transferable assets as collateral, like protected forests.
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On the other hand, a secured bond is a bond in which specific assets are pledged to bondholders if the company cannot repay the obligation.
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In Europe many funds found that the assets they pledged as collateral in return for financing from Lehman have become trapped in the bankruptcy process as administrators strain to work out which assets genuinely belong to clients.
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