hypothec

[hahy-poth-ik, hi-]
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.

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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Historical Examples of hypothec


British Dictionary definitions for hypothec

hypothec

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

Word Origin for hypothec

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