Hypothecate

Pronunciation of Hypothecate  

English Meaning

To subject, as property, to liability for a debt or engagement without delivery of possession or transfer of title; to pledge without delivery of possession; to mortgage, as ships, or other personal property; to make a contract by bottomry. See Hypothecation, Bottomry.

  1. To pledge (property) as security or collateral for a debt without transfer of title or possession.

   

The Usage is actually taken from the Verse(s) of English+Malayalam Holy Bible.

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