Legal analysis: the difference between equity pledge and guarantee: 1. The subject matter of mortgage is usually real estate and special movable property (cars, boats, etc. ); The pledge is mainly movable property. 2. The mortgage only takes effect when it is registered, and the pledge only needs possession. 3. Mortgage only has simple guarantee effect, and the pledgee in pledge not only controls the pledge, but also embodies the lien effect. 4. The realization of mortgage right is mainly through applying to the court for auction, and the pledge is mostly sold directly.
Legal basis: Article 427 of the Civil Code of People's Republic of China (PRC) establishes the pledge right, and the parties shall conclude a pledge contract in writing. A pledge contract generally includes the following clauses: (1) the type and amount of the secured creditor's rights; (2) The time limit for the debtor to perform the debt; (3) The name and quantity of the pledged property. Scope of guarantee; (5) Time and method of delivering pledged property.