Meaning & use
Hypothecary
Last updated
Relating to hypothecation, the practice of pledging property or assets as security for a loan without transferring possession of it.
See it in a sentence
The bank held a hypothecary claim on the shipment until the loan was repaid.
Hypothecary law varies significantly between civil law and common law jurisdictions.
A note on using this word
The term derives from 'hypothecation,' a legal and financial concept distinct from a mortgage in that possession of the pledged asset is not transferred.
Words with a similar meaning
collateralmortgage-related
Choose a synonym to suit the sentence. Meanings can overlap without being identical.
Make it your own
Write a sentence using “Hypothecary”, then compare your use with the examples above.
Your draft stays on this page and is not sent anywhere.