Pledged Collateral System

The guarantee system produces in the safeguard transaction security system request, guarantees the real right system in particular, because of its unique safety control function, is the important legal system which accompanies with the market economy.Pawns is the debtor or the third person turns over its property the creditor to hold, takes the creditor's rights guarantee by it the guarantee way. The nature power is for the guarantee certain creditor's rights, has not attained when the creditor' s rights pays off, creditor the right which which shifting which provides holds the specific movable property or the right exchange value first receives on the debtor either the third person recompenses. The nature power with pawns is entirely different but the inseparable two concepts, in some situations, these two concepts also may use alternately, like pawns the system also to be possible to be called the nature power system..The right pawns, is the nature person the guarantee way which provides by its specific property right primarily creditor' s rights pawns, because does not hinder the nature person confrontation use, is playing the more and more vital role. The right pawns contains the general creditor's rights to pawn, the negotiable securities pawns with the intellectual property rights pawns, the negotiable securities pawn contain the bill to pawn, the bond and the deposit receipt pawn, the real right negotiable securities pawn with the stockholder's rights (stock) pawn. Country and our country Taiwan area and so on Germany, Switzerland, Italy stipulated may remise the creditor's rights and other rights may leave the nature.Our country adopts the limited right pawns the pattern, only allows the legal row in our country famously to be possible to establish the property right which the right pawns to carry on pawns.