Hypothecation - Definitions from Dictionary.com

3 results for: Hypothecation

Dictionary.com Unabridged (v 1.1) - Cite This Source - Share This

hy·poth·e·cate1

Audio Help [hahy-poth-i-keyt, hi-] Pronunciation Key

–verb (used with object), -cat·ed, -cat·ing.

1.	to pledge to a creditor as security without delivering over; mortgage.

2.	to put in pledge by delivery, as stocks given as security for a loan.

[Origin: 1675–85; < ML hypothécātus, ptp. of hypothécāre. See hypothec, -ate¹

]

—Related forms

hy·poth·e·ca·tion, noun

hy·poth·e·ca·tor, noun

Dictionary.com Unabridged (v 1.1)
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2006.

Encyclopædia Britannica, Inc.
Hypothecation

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American Heritage Dictionary - Cite This Source - Share This

hy·poth·e·cate Audio Help (hī-pŏth'ĭ-kāt') Pronunciation Key
tr.v. hy·poth·e·cat·ed, hy·poth·e·cat·ing, hy·poth·e·cates
To pledge (property) as security or collateral for a debt without transfer of title or possession.

[Medieval Latin hypothēcāre, hypothēcāt-, from Latin hypothēca, pledge, deposit, from Greek hupothēkē, from hupotithenai, to give as a pledge, suppose; see hypothesis.]

hy·poth'e·ca'tion n., hy·poth'e·ca'tor n.

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Webster's Revised Unabridged Dictionary - Cite This Source - Share This

Hypothecation

Bot"tom*ry\, n. [From 1st Bottom in sense 8: cf.D. bodemerij. Cf. Bummery.] (Mar.Law) A contract in the nature of a mortgage, by which the owner of a ship, or the master as his agent, hypothecates and binds the ship (and sometimes the accruing freight) as security for the repayment of money advanced or lent for the use of the ship, if she terminates her voyage successfully. If the ship is lost by perils of the sea, the lender loses the money; but if the ship arrives safe, he is to receive the money lent, with the interest or premium stipulated, although it may, and usually does, exceed the legal rate of interest. See Hypothecation.

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