See Also: hypothec(dictionary)

hypothec (iou)



hypothec noun. . E16.
[French hypotheque from late Latin hypotheca from Greek hupotheke deposit, pledge, from hupotithenai deposit as a pledge, formed as HYPO- + tithenai to place.]
In the law of Scotland, the Channel Islands, and ancient Rome: a creditor's right established over a debtor's property that continues in the debtor's possession.
hypothecal adjective (now rare or obsolete) = HYPOTHECARY E17.