hypothecate

verb
/haɪˈpɒθɪkeɪt/UK

Etymology

From Latin hypothecatus, past participle of hypotheco, hypothecare. This was in turn derived from Ancient Greek ὑποθήκη (hupothḗkē, “pledge”), from the verb ὑποτίθημι (hupotíthēmi, “to pledge as surety”).

  1. derived from hypothecatus

Definitions

  1. To pledge (something) as surety for a loan

    To pledge (something) as surety for a loan; to pawn, mortgage.

    • ‘My husband, Jasper Murdock, provided in his will that no part of his collection might be sold, loaned or hypothecated during my lifetime.’
  2. To designate a new tax or tax increase for a specific expenditure.

    • The levy needed primary legislation and permission from the Treasury to hypothecate the proceeds back into the new line. It meant that the Greater London Authority could borrow against future income from the levy.
  3. To designate in advance the specific purpose of expenditure for government revenues…

    To designate in advance the specific purpose of expenditure for government revenues (especially taxes).

The neighborhood

Vish — recursive loop

No curated loop yet for hypothecate. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA