hypotheca

hypotheca

4 senses · Free VividLex dictionary · Thesaurus

1. n. An obligation by which property of a debtor was made over to his creditor in security of his debt. Source: opted
2. An obligation by which property of a debtor was made over to his creditor in security of his debt. Note: It differed from pledge in regard to possession of the property subject to the obligation; pledge requiring, simple hypotheca not requiring, possession of it by the creditor. The modern mortgage corresponds very closely with it. Kent. Source: webster
3. An obligation by which property of a debtor was made over tohis creditor in security of his debt. Source: adambom
4. n. An obligation by which property of a debtor was made over to his creditor in security of his debt. Source: ecdict

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