hypothecation Synonyms

hypothecation Meaning

Webster

hypothecation (n.)

The act or contract by which property is hypothecated; a right which a creditor has in or to the property of his debtor, in virtue of which he may cause it to be sold and the price appropriated in payment of his debt. This is a right in the thing, or jus in re.

A contract whereby, in consideration of money advanced for the necessities of the ship, the vessel, freight, or cargo is made liable for its repayment, provided the ship arrives in safety. It is usually effected by a bottomry bond. See Bottomry.

hypothecation Sentence Examples

  1. Hypothecation is a legal agreement that grants a lender a security interest in an asset as collateral for a loan.
  2. The hypothecation of the shipping vessel provided the bank with sufficient collateral to approve the loan.
  3. Investors sought hypothecation over the company's assets to mitigate risk.
  4. The lender required the hypothecation of the company's inventory as a condition of the financing.
  5. The hypothecation agreement specified the terms and conditions for the lender's possession of the collateral.
  6. The hypothecator retained ownership of the asset but granted the hypothecatee possessory rights.
  7. The hypothecation of the real estate secured the mortgage loan.
  8. The government imposed a hypothecation on the company's assets to ensure repayment of the loan.
  9. The hypothecation agreement protected the lender's interest in the event of a default.
  10. The hypothecation of the equipment provided the lender with peace of mind that their investment was secure.

FAQs About the word hypothecation

The act or contract by which property is hypothecated; a right which a creditor has in or to the property of his debtor, in virtue of which he may cause it to b

believe, assume,say, suppose, presume, dream, conclude, postulate, figure, accept

challenge, distrust, disbelieve, disagree (with), controvert, discredit, discount, deny, wonder (about), distrust

Hypothecation is a legal agreement that grants a lender a security interest in an asset as collateral for a loan.

The hypothecation of the shipping vessel provided the bank with sufficient collateral to approve the loan.

Investors sought hypothecation over the company's assets to mitigate risk.

The lender required the hypothecation of the company's inventory as a condition of the financing.