hypothecates

hypothecates
hy·poth·e·cate || haɪ'pɑθɪkeɪt /-'pɒθ- v. mortgage, pledge as security, pawn (Law)

English contemporary dictionary. 2014.

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  • Bottomry — Bot tom*ry, n. [From 1st {Bottom} in sense 8: cf. D. bodemerij. Cf. {Bummery}.] (Mar. Law) A contract in the nature of a mortgage, by which the owner of a ship, or the master as his agent, hypothecates and binds the ship (and sometimes the… …   The Collaborative International Dictionary of English

  • Hypothecator — Hy*poth e*ca tor, n. (Law) One who hypothecates or pledges anything as security for the repayment of money borrowed …   The Collaborative International Dictionary of English

  • surety — One who at the request of another, and for the purpose of securing to him a benefit, becomes responsible for the performance by the latter of some act in favor of a third person, or hypothecates property as security therefor. One who undertakes… …   Black's law dictionary

  • hypothecator —  ̷ ̷ˈ ̷ ̷ ̷ ̷ˌkād.ə(r) noun Etymology: hypothecate (I) + or : one that hypothecates * * * hypothˈecātor noun • • • Main Entry: ↑hypo …   Useful english dictionary

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