pledged assets

基本解釋

Are any of your assets pledged as security?
你的資產中有抵押做擔保嗎？
This may involve higher margin payments or a bigger “haircut” shaved off the value of assets pledged as collateral.
這會包括較高保證金，或是在抵押品打折時“大砍一刀”。
ecocn.org
And the Fed reserves the right to demand other assets if pledged collateral turns bad.
而且美聯儲保留了一項權利，當被抵押的抵押品質量變壞時，可以要求更換其它資產。

Also, there are reports that officials have pledged non-transferable assets as collateral, like protected forests.
FORBES: Chinese Banks Report Outsized Profits
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.
FORBES: 5 Basic Things To Know About Bonds
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.
ECONOMIST: Where will hedge funds put their business in future?