hypothecation

Pronunciation:  US [haɪˌpɒθɪ'keɪʃən] UK [haɪˌpɒθɪ'keɪʃən]
  • n.The pledge; Mortgage; Warranty Deed
  • WebMortgage; Mortgage approvals for ships or; Chattel mortgage
n.
1.
(Law) guarantees mortgage
2.
Pledge
3.
Warranty Deed