hypothecate in Spanish
hypothecate in Spanish is hipotecar — hypothecate means to offer something as security for a loan, for example by pawning or mortgaging it.
hypothecate in Spanish
hipotecar
(transitive) To pledge (something) as surety for a loan; to pawn, mortgage.
What does "hypothecate" mean?
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verb To offer something as security for a loan, for example by pawning or mortgaging it.
"‘My husband, Jasper Murdock, provided in his will that no part of his collection might be sold, loaned or hypothecated during my lifetime.’"
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verb To set aside a new tax, or a rise in tax, so the money raised must go to one particular purpose.
"The levy needed primary legislation and permission from the Treasury to hypothecate the proceeds back into the new line. It meant that the Greater London Authority could borrow against future income from the levy."
- verb To decide in advance exactly what government money, especially tax revenue, will be spent on.
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hypothecate in a sentence
- ‘My husband, Jasper Murdock, provided in his will that no part of his collection might be sold, loaned or hypothecated during my lifetime.’
- The levy needed primary legislation and permission from the Treasury to hypothecate the proceeds back into the new line. It meant that the Greater London Authority could borrow against future income from the levy.
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What is "hypothecate" in Spanish?
"hypothecate" in Spanish is hipotecar. hypothecate means: To offer something as security for a loan, for example by pawning or mortgaging it.
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