Rendeve
Rendeve is a term that refers to a specific type of financial instrument or agreement. Its exact definition can vary depending on the context and jurisdiction, but it generally involves a commitment or pledge made by one party to another, often related to the repayment of a debt or the fulfillment of an obligation. This commitment can be secured by collateral, meaning specific assets are held in reserve to guarantee the performance of the agreement.
In some financial contexts, rendeve may be associated with loan agreements where a borrower pledges assets
The concept of rendeve can also extend to other financial arrangements, such as performance bonds or surety