hypothecation
C2CEFR level
88/100Rarity: very rare
TechnicalRegister
Law noun
The pledging of an asset as security for a debt without transferring possession or title to the creditor.
The financing was secured by the hypothecation of the company's receivables in favour of the bank.
Business noun
The pledging of an asset as security for a loan without giving up possession of it.
The hedge fund's hypothecation of client securities to its prime broker became a flashpoint after the collapse.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
Get words like hypothecation on your lock screen, a few a day, with review that makes them stick.
Download on the App Store Lexfall puts a new word on your home and lock screen through widgets, so you learn without opening an app. Free to download. After a free trial, a subscription unlocks every field. Built for iPhone, iOS 15.1 or later.
On a computer?Scan with your iPhone camera.