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.

Origin of hypothec

1585–95; earlier hypotheca < Late Latin < Greek hypothḗkē deposit, pledge, mortgage (akin to hypotithénai to deposit as pledge). See hypo-, theca

Example sentences from the Web for hypothec

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