Definition
Jaminan Fidusia – Under Indonesian law, a security interest where a borrower keeps possession and use of a pledged asset (a vehicle, a receivable) while legal title transfers to the lender until the debt is repaid. Common in Indonesian multifinance/leasing bonds, where a company pledges a portion of its loan or lease receivables as fiduciary collateral for its own debt securities, rather than handing over a physical asset. Found In: Notes to Financial Statements (debt/commitments disclosures)