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"Pledged to Merrill Lynch Lender" typically refers to assets or collateral that an individual or entity has pledged to secure a loan or credit facility provided by Merrill Lynch. This means that if the borrower defaults on the loan, Merrill Lynch has the right to claim the pledged assets to recover the owed amount. The assets can include stocks, bonds, or other financial instruments that serve as a guarantee for the lender.

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3mo ago

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