different between hypothecation vs hypothecary

hypothecation

English

Etymology 1

hypothecate +? -ion. From Latin hypothecatio, in turn from hypotheco (I pledge as collateral).

Noun

hypothecation (countable and uncountable, plural hypothecations)

  1. the use of property, or an existing mortgage, as security for a loan, etc.
Derived terms
  • rehypothecation
Translations

Etymology 2

Blend of hypothetical +? dedication

Noun

hypothecation (countable and uncountable, plural hypothecations)

  1. (Britain) A tax levied for a specific expenditure.

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hypothecary

English

Adjective

hypothecary (not comparable)

  1. Of, pertaining to, or arising from hypothecation, the pledging of property or mortgage as surety for a loan
    hypothecary action

Noun

hypothecary (plural hypothecaries)

  1. (law) The holder of a hypothec, or pledge

Synonyms

  • hypothecatee

See also

  • Not to be confused with hypothecal or apothecary.

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