hypothecate
hypothecate
Definition
hy·poth·ecate (hī pät̸h′i kāt′, hi-)
transitive verb -·cat′ed, -·cat′·ing
- to pledge (property) to another as security without transferring possession or title
- hypothesize
Etymology: < ML hypothecatus, pp. of hypothecare, to hypothecate < LL hypotheca: see hypothec
hy·poth′·eca′·tion noun
hy·poth′·eca′·tor noun
hypothecate
Law Definition
v
To grant a security interest
in something as collateral for a debt.
hypothecate
Usage Examples
Object
- taxation: It could possibly be hypothecated taxation from spectrum receipts.
- revenue: Fines for road haulage offenses are too low, and should be raised significantly, with revenue hypothecated back into enforcement resources.
- tax: To my mind, there is an overwhelming case for a hypothecated tax channeled specifically into the NHS.
- funding: The Service cannot afford a repeat of its recent experience with hypothecated funding for IT.
- fund: In consequence the acceptance of externally provided hypothecated funds must be authorized by P&RC or by Council.
- taxis: We will explore the use of hypothecated taxes and charges within the local authority finance system.
Preposition: for
- improvement: Revenue from road charging should be hypothecated for public transport improvements ( including rail ) and not confined to road schemes.
- purpose: The great majority of funding allocated to PCTs is not hypothecated for specific purposes.
Browse dictionary entries near hypothecate
- hypothec
- hypothalamus
- hypotenuse
- hypotension
- hypotaxis
- hypostyle
- hypostatize
- hypostasis
- hyposensitize
- hypoploid
