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hypothec

[hahy-poth-ik, hi-] /haɪˈpɒθ ɪk, hɪ-/
noun
1.
Roman and Civil Law. a mortgage or security held by a creditor on the property of a debtor without possession of it, created either by agreement or by operation of law.
2.
(in some modern legal systems) a security interest created in immovable property.
Origin of hypothec
1585-1595
1585-95; earlier hypotheca < Late Latin < Greek hypothḗkē deposit, pledge, mortgage (akin to hypotithénai to deposit as pledge). See hypo-, theca
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Based on the Random House Dictionary, © Random House, Inc. 2015.
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British Dictionary definitions for hypothec

hypothec

/haɪˈpɒθɪk/
noun
1.
(Roman law, Scots law) a charge on property in favour of a creditor
Word Origin
C16: from Late Latin hypotheca a security, from Greek hupothēkē deposit, pledge, from hupotithenai to deposit as a security, place under, from hypo- + tithenai to place
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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21
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