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Hypothecate Definition


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Other Hypothecate Definition

[v] to believe especially on uncertain or tentative grounds; "Scientists supposed that large dinosaurs lived in swamps."
[v] pledge without delivery or title of possession

Misc. Definitions

\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}. 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.

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