hypothecate definition

  • verb-transitive:
    • To pledge (property) as security or collateral for a debt without transfer of title or possession.
    • To subject, as home, to obligation for a debt or wedding without distribution of control or transfer of name; to pledge without distribution of control; to home loan, as vessels, or any other individual residential property; in order to make a contract by bottomry. See hypothecation, bottomry.
  • verb:
    • To pledge (anything) as surety for a loan; to pawn, home loan.
    • To designate a new tax or taxation boost for a certain expenditure
    • to believe specifically on unsure or tentative reasons
    • pledge without distribution or title of possession
  • others:
    • To pledge to a creditor in protection for a few financial obligation or need, but without offering the creditor corporeal control; mortgage, making the master in control.
    • to include pledge by distribution, as stocks or results of any kind, as protection for a debt or other responsibility.

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