Hypothecations
/ˌhaɪpəθɪˈkeɪʃənz/
Definitions
- (n.) Plural of hypothecation, referring to instances of pledging assets as security without transferring possession.
The company made several hypothecations of its inventory to secure different loans.
Forms
- hypothecation
Related terms
See also
Commentary
Hypothecation differs from pledge in that possession remains with the debtor; definitions should clarify this distinction.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.