hockmoney
/ˈhɒkməni/Definitions
1. noun
a sum of money paid or due as a security for a loan, especially a large one
“The company had to post a hockmoney to secure the line of credit.”
1. noun
a sum of money paid or due as a security for a loan, especially a large one
“The company had to post a hockmoney to secure the line of credit.”