- Roman and Civil Law. a mortgage or security held by a creditor on the property of a debtor without possession of it, created either by agreement or by operation of law.
- (in some modern legal systems) a security interest created in immovable property.
Origin of hypothec
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
Examples from the Web for hypothec
He is also in favour of the abolition of the laws of entail and hypothec.Western Worthies
J. Stephen Jeans
Hypothec, hī-poth′ek, n. in Scotch law, a lien or security over goods in respect of a debt due by the owner of the goods.
- Roman law Scots law a charge on property in favour of a creditor
C16: from Late Latin hypotheca a security, from Greek hupothēkē deposit, pledge, from hupotithenai to deposit as a security, place under, from hypo- + tithenai to place
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012