Define hypothecate
Webtransitive verb (Law) To subject, as property, to liability for a debt or engagement without delivery of possession or transfer of title; to pledge without delivery of possession; to mortgage, as ships, or other personal property; to make a contract by bottomry. See hypothecation, bottomry. WebDefinition: Hypothecate means to pledge something as security for a loan, without actually delivering the item pledged. This creates a right by the creditor to liquidate the property to satisfy the debt in the event of default. If the debt is not paid, the creditor may have the property seized to satisfy the debt. In the event that the collateral does not pay off the …
Define hypothecate
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WebHypothecate. To pledge property as security or collateral for a debt. Generally, there is no physical transfer of the pledged property to the lender, nor is the lender given title to the property, though he or she has the right to sell the pledged property in the case of default. West's Encyclopedia of American Law, edition 2. Webhypothecate verb [ T ] uk / haɪˈpɒθəkeɪt / us FINANCE, LAW to give money by law for a particular purpose: hypothecated educational grants Want to learn more? Improve your …
WebHypothecate. To pledge an asset as collateral on a loan without the lender taking possession of the collateral. It especially applies to mortgages: the borrower hypothecates when he/she pledges the house as collateral for payment of the mortgage, or he/she may hypothecate the mortgage in order to borrow against the value of the house. WebHypothecation is the practice where a debtor pledges collateral to secure a debt or as a condition precedent to the debt, or a third party pledges collateral for the debtor. A …
WebHypothecation means pledging an asset as collateral for a loan. If you use a margin account to buy on margin or sell short, for example, you pledge securities (stocks, bonds, or other financial instruments) as collateral for the debt. If the brokerage firm issues a margin call that you don't meet, it can sell those securities to cover its losses. WebMeaning of hypothecate. What does hypothecate mean? Information and translations of hypothecate in the most comprehensive dictionary definitions resource on the web.
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WebDefinitions of hypothecate verb pledge without delivery or title of possession see more verb to believe especially on uncertain or tentative grounds synonyms: conjecture, … omighty shop clothingWebhypothecate ( haɪˈpɒθɪˌkeɪt) vb 1. (Law) ( tr) law to pledge (personal property or a ship) as security for a debt without transferring possession or title 2. (Economics) to allocate the … is arizona hotter than australiaWebhypothesize: 1 v to believe especially on uncertain or tentative grounds Synonyms: conjecture , hypothecate , hypothesise , speculate , suppose , theorise , theorize Types: show 5 types... hide 5 types... construct , reconstruct , retrace reassemble mentally develop , explicate , formulate elaborate, as of theories and hypotheses etymologise , ... o might i but my patrick loveWebHow to pronounce hypothecate. How to say hypothecate. Listen to the audio pronunciation in the Cambridge English Dictionary. Learn more. is arizona pacific time currentlyWebSynonyms for HYPOTHECATE: speculate, theorize, theorise, conjecture, hypothesize, hypothesise, suppose, mortgage, pawn, pledge, hock. omighty discount code 2022WebHypothecate means to pledge something as security for a loan, without the actual delivery of the item pledged. For example, a car may be collateral for a car loan, … o mighty shirtsWebDefinition of Hypothecate. to pledge property as security for a debt. Examples of Hypothecate in a sentence. To get their son out of jail, the family had to hypothecate their property in lieu of a cash bond. 🔊. Because the woman’s credit was not up to par, she had to hypothecate her farmland in order to get a loan. 🔊 omighty logo