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gadai ulang

[ˈɡadai̯ ˈʊlaŋ]

noun

LanguageIndonesian (Indonesia)

Meaning
  1. action of setting marketable collateral
  2. The process of using an item as security for a loan again or in a repeated manner.
Examples

Dia melakukan gadai ulang atas perhiasannya di pegadaian.

He performed a re-pledge of his jewelry at the pawnshop.

Pronunciationˈɡadai̯ ˈʊlaŋ

Part of speechnoun

Usage noteThis term specifically refers to the act of re-pledging collateral.

Status: Verified

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Source: English Wiktionary via kaikki.org (Wiktextract) (CC-BY-SA-4.0), adapted.