Hypothecation

 

 

 

Hypothecation

 

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Meanings, explanations, notes, information and links about the term hypothecation

 

Hypothecation

 

Meaning of term hypothecation

Hypothecation (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.

 

Source: http://www.mso.anu.edu.au/~ralph/OPTED/v003/wb1913_h.html

Author : OPTED is a public domain English word list dictionary, based on the public domain portion of "The Project Gutenberg Etext of Webster's Unabridged Dictionary" which is in turn based on the 1913 US Webster's Unabridged Dictionary

 

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