Hypotheca

[Hy`po*the·ca]

An obligation by which property of a debtor was made over to his creditor in security of his debt.

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An obligation by which property of a debtor was made over to his creditor in security of his debt.

n.
An obligation by which property of a debtor was made over to his creditor in security of his debt.

Hypotheca

Hy`po*the"ca , n. [L., fr. Gr. a thing subject to some obligation, fr. to put under, put down, pledge. See Hypothesis.] (Rom. Law) An obligation by which property of a debtor was made over to his creditor in security of his debt. &hand; It differed from pledge in regard to possession of the property subject to the obligation; pledge requiring, simple hypotheca not requiring, possession of it by the creditor. The modern mortgage corresponds very closely with it. Kent.

An obligation by which property of a debtor was made over to his creditor in security of his debt.

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Usage Examples

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