Abstract
The article analyzes the relationship between collateral in the form of a pledge on securities
and financial security of an enterprise. Purpose of the study was considered to be important from
the point of view of the scientific research’s needs as well as the business practice because of the
essential role and the significance of the pledge in financial support of a company. The paper
presents issues concerning the nature and the types of pledge on securities, as well as the basic
rights and obligations of the pledger and the pledgee. Moreover, it describes the issues that are
commonly encountered in the economic practice relating to the methods of securing the execution
of commitments.