HYPOTHECATING

Verb

hypothecating

present participle 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

19 April 2025

CATCH

(verb) grasp with the mind or develop an understanding of; “did you catch that allusion?”; “We caught something of his theory in the lecture”; “don’t catch your meaning”; “did you get it?”; “She didn’t get the joke”; “I just don’t get him”


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Coffee Trivia

According to Guinness World Records, the most massive cup of coffee contained 22,739.14 liters and was created by Alcaldía Municipal de Chinchiná (Colombia) at Parque de Bolívar, Chinchiná, Caldas, Colombia, on 15 June 2019. Fifty people worked for more than a month to build this giant cup. The drink prepared was Arabic coffee.

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