| Front | hypothecate \hye-PAH-thuh-kayt\ |
|---|---|
| Back | verb 1. To pledge to a creditor as security without delivering over; mortgage. 2. To put in pledge by delivery, as stocks given as security for a loan. [Hypothecate first entered English in the late 1600s, originally from the Greek roots hypo- and tithenai meaning "to put down."] Then you hypothecate your stock in company number one, and you had your dummy directors lend you more money, and you buy another trust company. - Upton Sinclair, The Moneychangers, 1920 He could buy certificates of city loan for the sinking-fund up to any reasonable amount, hypothecate them where he pleased, and draw his pay from the city without presenting a voucher. - Theodor Dreiser, The Financier, 1912 |
Tags: priorityhigh
Learn with these flashcards. Click next, previous, or up to navigate to more flashcards for this subject.
Next card: Kerfuffle ker-fuh-ful noun chiefly british disturbance fuss
Previous card: Irascible ir-rass-uh-bull adjective marked hot temper easily provoked
Up to card list: Hard English Vocabulary