Abstract:

The pledge on movable goods by the condition of delivery requires that the owner has to lose his possession of those goods. Therefore many debtors don’t prefer to make such kind of pledge contracts. Especially in the trade life, it is not acceptable, that merchants can’t find credit easily, because assurance on their movable goods is so hard. The Act about Pledge of Commercial Enterprises, which was used to solve this problem since 1971, left its place to the Act about Pledge on Movable Goods in Trade Transactions since 1. January 2017. The pledge on movable goods in trade transactions, which has been regulated with the new act, is different in many ways from pledge on movable goods by the condition of delivery according to the Turkish Civil Code. In this article, the differences between two types of pledge on movable goods have been explained

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