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“hypothecate”
hypothecate (high PAHTH uh kayt") (verb), hypothecates; hypothecated; hypothecating
1. To pledge property or goods as security for a debt without surrendering ownership: Mr. and Mrs. Smith hypothecated their house to the bank for a loan because they needed to buy a car and did not have enough money to pay for it.
2. Etymology: from Latin hypothecare "to deposit" ; from Greek hupotithenai, "to put under, to deposit as a pledge"; from hypo-, "under" + tithenai, " to place".
2. Etymology: from Latin hypothecare "to deposit" ; from Greek hupotithenai, "to put under, to deposit as a pledge"; from hypo-, "under" + tithenai, " to place".
Word Entries at Get Words:
“hypothecate”
hypothecate (high PAHTH uh kayt")
Now cate is explaining something about entering an agreement, providing a pledge, or putting up collateral for a financial loan.
This entry is located in the following unit:
cate family of verbs
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