Meaning of the word hypothecate in English
What does hypothecate mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
hypothecate
US /haɪˈpɑːθəˌkeɪt/
UK /haɪˈpɒθəkeɪt/
Verb
to pledge (property) as security or collateral for a debt without transferring possession or title
Example:
•
The company decided to hypothecate its assets to secure the loan.
•
He had to hypothecate his valuable collection to cover his debts.