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



RESET




Word of the Day

2 July 2025

RESTITUTION

(noun) getting something back again; “upon the restitution of the book to its rightful owner the child was given a tongue lashing”


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