What is the difference between pledging receivables and assigning receivables?

What is the difference between pledging receivables and assigning receivables? So, when the receivables are collateral for financial arrangement then it is called pledging of accounts receivables. On the other hand, to assign receivables means, to provide receivables as collateral for loan which means the receipts must be utilized to repay the debt. What is … Continue reading What is the difference between pledging receivables and assigning receivables?