from Wiktionary, Creative Commons Attribution/Share-Alike License
- n. The use of property, or an existing mortgage, as security for a loan, etc.
- n. A tax levied for a specific expenditure
from the GNU version of the Collaborative International Dictionary of English
- n. The act or contract by which property is hypothecated; a right which a creditor has in or to the property of his debtor, in virtue of which he may cause it to be sold and the price appropriated in payment of his debt. This is a right in the thing, or jus in re.
- n. A contract whereby, in consideration of money advanced for the necessities of the ship, the vessel, freight, or cargo is made liable for its repayment, provided the ship arrives in safety. It is usually effected by a bottomry bond. See Bottomry.
from The Century Dictionary and Cyclopedia
- n. In Roman law, mortgage; a contract lien given by a debtor to his creditor as security, without giving him possession of the property. It usually if not always related to real property, while security upon personal property was given by possession, and termed pignus, or pledge.
- n. In French law (hypothèque), a lien on immovable property for security of a debt, without giving the creditor possession.
- n. In American financial usage, a pledge; alien on personal property, particularly on negotiable securities, given by a debtor by transferring possession, with evidences of title, to his creditor.
- n. In modern commercial usage, the mortgage of a vessel or her cargo, as in the phrase hypothecation bond, a bottomry bond or respondentia bond. See bottomry and respondentia.
Developing myriad Ponzi schemes and giga-thefts, of infinite variety, and BY ANY MEANS, in order to procure ‘base money’ for open-ended unreported, off-balance sheet, untaxed leveraging and hypothecation operations.
In a separate notification on its website based on forensic scrutiny, the RBI said banks need to closely monitor and have tighter controls for housing loan cases, loans or advances against hypothecation of stocks and the submission of forged documents, including letters of credit.
Developing myriad Ponzi schemes and giga-thefts, of infinite variety, and BY ANY MEANS, in order to procure 'base money' for open-ended unreported, off-balance sheet, untaxed leveraging and hypothecation operations. â¢ Stage 2:
In admiralty: Foreclosure of the hypothecation of the British brig Euphemia, Capt.
I totally agree about tax hypothecation but some needs to tell the Daily Wail road lobby that the motorist has no special right for motoring taxes to be spent on more roads.
Or, maybe just do away with hypothecation - it's only a political marketing ploy.
There was no secret hypothecation of taxes in London last time I looked.
The only other resources we have under the circumstances are the banks, and they, as I understand it, are pretty much involved with stock on hypothecation.
Cambridge were nurtured not only in poverty, but in authorized mendicancy and -- a learned phrase may be excused -- regulated hypothecation.
Either, by hypothecation on advances made during the year, he secures a legal pre-emption in the crop, or, by initiatory contract, he becomes an actual partner of limited liability in the crop itself.