Hypothecate Definition and Legal Meaning

On this page, you'll find the legal definition and meaning of Hypothecate, written in plain English, along with examples of how it is used.

What is Hypothecate?

(v) Hypothecate is the act by which a person or entity theoretically transfer the property owned by him, without physically transferring them, to a lender of loan as security for repayment of the loan. The Greek word means ‘pledge’