different between hypothecatee vs hypothecate

hypothecatee

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hypothecate

English

Etymology

From Latin hypothecatus, past participle of hypotheco, hypothecare. This was in turn derived from Ancient Greek ??????? (hupoth?k?, pledge), from the verb ????????? (hupotíth?mi, to pledge as surety).

Pronunciation

  • (UK) IPA(key): /h???p???ke?t/

Verb

hypothecate (third-person singular simple present hypothecates, present participle hypothecating, simple past and past participle hypothecated)

  1. (transitive) To pledge (something) as surety for a loan; to pawn, mortgage.
    • 1943, Raymond Chandler, The High Window, Penguin 2005, p. 12:
      ‘My husband, Jasper Murdock, provided in his will that no part of his collection might be sold, loaned or hypothecated during my lifetime.’
  2. (politics, Britain) To designate a new tax or tax increase for a specific expenditure

Usage notes

  • Sometimes wrongly used in place of the word hypothesize.

Derived terms

Related terms

  • hypothec

Translations

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