hypothecate
Meanings
verb
- To pledge (something) as surety for a loan; to pawn, mortgage.
- To designate a new tax or tax increase for a specific expenditure.
- To designate in advance the specific purpose of expenditure for government revenues (especially taxes).
Pronunciation
Word forms
Etymology
From Latin hypothecatus, past participle of hypotheco, hypothecare. This was in turn derived from Ancient Greek ὑποθήκη (hupothḗkē, “pledge”), from the verb ὑποτίθημι (hupotíthēmi, “to pledge as surety”).
Related words
Derived words
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