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

3 February 2025

CRAZY

(adjective) possessed by inordinate excitement; “the crowd went crazy”; “was crazy to try his new bicycle”


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Coffee Trivia

According to Guinness World Records, the largest coffee press is 230 cm (7 ft 6 in) in height and 72 cm (2 ft 4 in) in diameter and was created by Salzillo Tea and Coffee (Spain) in Murcia, Spain, in February 2007. The cafetière consists of a stainless steel container, a filtering piston, and a superior lid.

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