hypothecator (Meaning)

Webster

hypothecator (n.)

One who hypothecates or pledges anything as security for the repayment of money borrowed.

hypothecator Sentence Examples

  1. The hypothecator pledged their valuable painting as collateral for a loan.
  2. The agreement between the hypothecator and the pledgee outlined the terms of the pledge and the rights of both parties.
  3. The hypothecator retained possession of the pledged property, but could not dispose of it without the pledgee's consent.
  4. The pledgee had the right to sell the pledged property if the hypothecator defaulted on their loan payments.
  5. The hypothecator was liable for any deficiency if the proceeds from the sale of the pledged property did not cover the outstanding debt.
  6. The pledgee could not foreclose on the pledged property without giving the hypothecator reasonable notice.
  7. The hypothecator had the right to redeem the pledged property by paying off the loan in full before the sale date.
  8. The hypothecator and the pledgee could agree to a payment plan that would allow the hypothecator to keep the pledged property.
  9. The hypothecator had the burden of proving that the pledgee had violated their rights or breached the pledge agreement.
  10. The hypothecator was entitled to compensation from the pledgee if the pledged property was damaged or lost through the pledgee's negligence.

FAQs About the word hypothecator

One who hypothecates or pledges anything as security for the repayment of money borrowed.

suppose, believe, assume,say, presume, figure, accept, conclude, guess, insist

wonder (about), repudiate, controvert, disagree (with), wonder (about), question, deny, disagree (with), distrust, dispute

The hypothecator pledged their valuable painting as collateral for a loan.

The agreement between the hypothecator and the pledgee outlined the terms of the pledge and the rights of both parties.

The hypothecator retained possession of the pledged property, but could not dispose of it without the pledgee's consent.

The pledgee had the right to sell the pledged property if the hypothecator defaulted on their loan payments.