Search results for: Hypotheca
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Hypotheca (?), n. [L., fr. Gr. &unr_; a thing subject to some obligation, fr. &unr_; to put under, put down, pledge. See Hypothesis.] (Rom. Law) An obligation by which property of a debtor was made over to his creditor in security of his debt.
[1913 Webster]
&hand_; 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.
[1913 Webster]