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HOME | Definition of hypothecate (HYPOTHECATE, Hypothecate)


    Hypothecate \Hy*poth"e*cate\, v. t. [imp. & p. p.
    Hypothecated; p. pr. & vb. n. Hypothecating.] [LL.
    hypothecatus, p. p. of hypothecare to pledge, fr. L.
    hypotheca pledge, security. See Hypotheca.] (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.
    [1913 Webster]

    He had found the treasury empty and the pay of the navy
    in arrear. He had no power to hypothecate any part of
    the public revenue. Those who lent him money lent it on
    no security but his bare word. --Macaulay.
    [1913 Webster]

    The Collaborative International Dictionary of English v.0.48


    hypothecate
    v 1: pledge without delivery or title of possession
    2: to believe especially on uncertain or tentative grounds;
    "Scientists supposed that large dinosaurs lived in swamps"
    [syn: speculate, theorize, theorise, conjecture, hypothesize,
    hypothesise, suppose]

    WordNet (r) 2.0




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