hypothec

American  

[hahy-poth-ik, hi-] / haɪˈpɒθ ɪk, hɪ- /

noun

1. 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.

2. (in some modern legal systems) a security interest created in immovable property.

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hypothec British  

/ haɪˈpɒθɪk /

noun

1. Roman law Scots law a charge on property in favour of a creditor

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Etymology

Origin of hypothec

1585–95; earlier hypotheca < Late Latin < Greek hypothḗkē deposit, pledge, mortgage (akin to hypotithénai to deposit as pledge). See hypo-, theca

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Example Sentences

See Examples For:

hypothec

And at last, in the village of Ussel, saddle and all, the whole hypothec turned round and grovelled in the dust below the donkey’s belly. 

From Travels with a Donkey in the Cevennes by Robert Louis Stevenson

And at last, in the village of Ussel, saddle and all, the whole hypothec, turned round and grovelled in the dust below the donkey's belly.

From The Works of Robert Louis Stevenson - Swanston Edition Vol. 1 (of 25) by Andrew Lang

He is also in favour of the abolition of the laws of entail and hypothec.

From Western Worthies A Gallery of Biographical and Critical Sketches of West of Scotland Celebrities by J. Stephen (James Stephen) Jeans

I suppose that where a merchant does that it is not held to interfere with the landlord's hypothec or his rent?-No.

From Second Shetland Truck System Report by William Guthrie

Until the other day there prevailed in Scotland the almost insane law of hypothec, which allowed a landlord to pursue his tenant's goods even into the hands of an "innocent holder."

From Disturbed Ireland Being the Letters Written During the Winter of 1880-81. by Bernard H. Becker

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