hypothecated
Meanings
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verb
The act of pledging an asset as security for a debt or loan.
- "The bank required him to hypothecate his car as collateral for the loan."
- "In order to secure the loan, the business owner had to hypothecate their property."
Variants
List of all variants of hypothecated that leads to same resulthypothecate , hypothecated , hypothecates , hypothecating , hypothecation , hypothecations , hypothecator , hypothecators
Etymology
origin and the way in which meanings have changed throughout history.derived from the Greek word hypotheke, meaning 'pledge'
Trivia
Any details, considerations, events or pieces of information regarding the word-
The term 'hypothecation' comes from the Greek word hypotheke, which means 'pledge'
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Hypothecation is a common practice in various forms of lending, including mortgages, car loans, and business loans.
Related Concepts
informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to-
mortgage: A type of loan secured by real property through the pledge of the property to the lender as security.
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collateral: An asset that is offered as security for a loan or debt.
Culture
Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.In finance and law, the term 'hypothecation' is commonly used to refer to the process of pledging an asset as collateral for a loan or debt.
How to Memorize "hypothecated"
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visualize
- Visualize a person signing a contract to pledge an asset as collateral for a loan.
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associate
- Associate the word 'hypothecation' with the idea of pledging an asset as security for a loan.
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mnemonics
- Remember that 'hypothecation' is the act of 'hypo'thesizing an asset as 'thesis' or 'theory' for a loan.
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