pledged assets with other banks vs pledged assets in other banks

Both phrases are correct, but they have different meanings. 'Pledged assets with other banks' implies that the assets are being used as collateral in agreements with other banks. On the other hand, 'pledged assets in other banks' suggests that the assets are physically located or held in accounts at other banks.

Last updated: March 26, 2024

pledged assets with other banks

This phrase is correct and commonly used in financial contexts to refer to assets that are used as collateral in agreements with other banks.

This phrase is used when referring to assets that have been pledged as collateral in agreements with other banks.

Examples:

The company pledged assets with other banks to secure the loan.
The bank required the borrower to pledge assets with other banks as part of the agreement.

Alternatives:

pledged assets to other banks
assets pledged with other financial institutions
collateralized assets with other banks
assets used as collateral with other banks
assets pledged in agreements with other banks

pledged assets in other banks

This phrase is also correct but conveys a different meaning. It suggests that the assets are physically located or held in accounts at other banks.

This phrase is used when referring to assets that are physically located or held in accounts at other banks.

Examples:

The company has pledged assets in other banks to diversify its holdings.
The investor decided to pledge assets in other banks for better security.

Alternatives:

assets held in other banks
assets located in other banks
assets deposited in other banks
assets stored in other banks
assets placed in other banks

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pledged assets with other banks vs pledged assets in other banks