Definition of hypothec in English:

hypothec

Line breaks: hypo|thec
Pronunciation: /hʌɪˈpɒθɪk
 
, ˈhʌɪ-/

noun

(In Roman and Scots law) a right established by law over a debtor’s property that remains in the debtor’s possession.
More example sentences
  • This arrangement is distinguishable from the hypothec of Roman Law and of modern civil law, which is comparable to a mortgage.
  • Many forms of jus existed short of ownership, notably the hypothec, the civilian equivalent of the mortgage.
  • However, movable hypothecs are a form of real security, while suretyship is a form of personal security.

Origin

early 16th century: from French hypothèque, via late Latin from Greek hupothēkē 'deposit' (from hupo 'under' + tithenai 'to place').

Derivatives

hypothecary

Pronunciation: /hʌɪˈpɒθɪk(ə)ri/
adjective
More example sentences
  • After destruction of the property by fire, the insurer repaid the hypothecary loans to the lender.
  • If in Spain it is simple enough to receive a hypothecary credit, in Italy it is a difficult process.
  • The insurance of your real estate will be precisely tailored to the parameters of your hypothecary loan.

Get more from Oxford Dictionaries

Subscribe to remove adverts and access premium resources

Word of the day vituperate
Pronunciation: vɪˈtjuːpəreɪt
verb
blame or insult (someone) in strong language...