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Definitions from the Web

Term: Hypothecate

(verb)

Definition:

To pledge or mortgage a property or assets as security for a loan.

Example Sentences:

1. John had to hypothecate his car in order to secure financing for his new business venture.

2. The company was able to hypothecate its real estate holdings to obtain a substantial loan from the bank.

3. If you fail to repay the loan, the lender has the right to hypothecate the collateral.

Related products on Amazon:

Books on Hypothecation

Mortgage Securities