hypotheca Meaning, Definition & Usage
Hy`po*the"ca noun
Etymology
L., fr. Gr. a thing subject to some obligation, fr. to put under, put down, pledge. SeeDefinitions
(Rom. Law) An obligation by which property of a debtor was made over to his creditor in security of his debt. ✍ It differed from pledge in regard to possession of the property subject to the obligation; pledge requiring, simple hypotheca not requiring, possession of it by the creditor. The modern mortgage corresponds very closely with it. Kent.
