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hypothecation

noun

Etymology

From hypothecate + -ion. From Latin hypothecatio, from hypotheco (“to pledge as collateral”), from Greek.

  1. derived from hypothecatus
  2. suffixed as hypothecation — “hypothecate + ion”

Definitions

  1. The use of property, or an existing mortgage, as security for a loan, etc.

  2. A tax levied for a specific expenditure.

    • It is, however, precisely here that the weakness of hypothecation lies, for governments are not likely readily to surrender control over the disposition of taxes they impose.
    • So, strict hypothecation is only advisable when the tax pays entirely and only for that spending programme […]
    • Either way, effectively the government is simply using the hypothecated tax as part of general revenue, and the hypothecation is a sham.

The neighborhood

Derived

rehypothecation

Vish — recursive loop

No curated loop yet for hypothecation. 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