hypothecation
The use of property, or an existing mortgage, as security for a loan, etc.
Definitions
The use of property, or an existing mortgage, as security for a loan, etc.
Comments
(British) A tax levied for a specific expenditure.
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UK and Irish slang — Cockney, Scouse, Geordie, Yorkshire, Glaswegian, Brummie, Welsh, West Country, plus Irish English. Centuries of regional dialects feeding into modern British and Irish street talk.
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Semantically related
- hypothecate81%
(transitive) To pledge (something) as surety for a loan; to pawn, mortgage.
- hypothecate72%
(politics, British) To designate a new tax or tax increase for a specific expenditure.
- hypothecate66%
(Australia) To designate in advance the specific purpose of expenditure for government revenues (especially taxes).
- impignoration59%
The act of pawning or pledging; the state of being pawned.