HYPOTHECATES

Verb

hypothecates

Third-person singular simple present indicative form of hypothecate

Source: Wiktionary


HYPOTHECATE

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

Definition: 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. 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.

Source: Webster’s Unabridged Dictionary 1913 Edition



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Word of the Day

16 May 2025

AMPHIPROSTYLAR

(adjective) marked by columniation having free columns in porticoes either at both ends or at both sides of a structure


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Coffee Trivia

The first coffee-house in Mecca dates back to the 1510s. The beverage was in Turkey by the 1530s. It appeared in Europe circa 1515-1519 and was introduced to England by 1650. By 1675 the country had more than 3,000 coffee houses, and coffee had replaced beer as a breakfast drink.

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