hypothec
[ hahy-poth-ik, hi- ]
/ haɪˈpɒθ ɪk, hɪ- /
noun
Roman and Civil Law.
a mortgage or security held by a creditor on the property of a debtor without possession of it, created either by agreement or by operation of law.
(in some modern legal systems) a security interest created in immovable property.
Words nearby hypothec
Example sentences from the Web for hypothec
Hypothec, hī-poth′ek, n. in Scotch law, a lien or security over goods in respect of a debt due by the owner of the goods.
He is also in favour of the abolition of the laws of entail and hypothec.
Western Worthies |J. Stephen Jeans
British Dictionary definitions for hypothec
hypothec
/ (haɪˈpɒθɪk) /
noun
Roman law Scots law
a charge on property in favour of a creditor
Word Origin for hypothec
C16: from Late Latin
hypotheca a security, from Greek
hupothēkē deposit, pledge, from
hupotithenai to deposit as a security, place under, from
hypo- +
tithenai to place