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hypothecate
1[ hahy-poth-i-keyt ]
verb (used with object)
- to pledge to a creditor as security without delivering over; mortgage.
- to put in pledge by delivery, as stocks given as security for a loan.
hypothecate
2[ hahy-poth-i-keyt, hi- ]
verb (used with or without object)
- an uncommon variant of hypothesize.
hypothecate
/ haɪˈpɒθɪˌkeɪt /
verb
- tr law to pledge (personal property or a ship) as security for a debt without transferring possession or title
- to allocate the revenue raised by a tax for a specified purpose See also bottomry
Derived Forms
- hyˌpotheˈcation, noun
- hyˈpotheˌcator, noun
Other Words From
- hy·poth·e·ca·tion [hahy-poth-i-, key, -sh, uh, n], noun
- hy·poth·e·ca·tor noun
Word History and Origins
Origin of hypothecate1
Origin of hypothecate2
Word History and Origins
Origin of hypothecate1
Example Sentences
But previous attempts to "hypothecate" - or earmark - National Insurance contributions for specific public services have been abandoned.
He also called for a specific chunk of taxes raised to be "hypothecated" - earmarked - for the NHS, which he said was "in a state of profound crisis".
Last year the government allowed them to levy an additional 2% “precept”, hypothecated to social care, every year for four years, a move that 95% of councils adopted in the first year.
Though the Treasury is almost genetically sceptical of hypothecated taxes, the idea is popular among health officials and, more surprisingly, Conservative MPs.
I would expect him, therefore, to announce there will also be other taxes hypothecated for health.
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