What does hypothec mean?

Definitions for hypothec
hy·pothec

This dictionary definitions page includes all the possible meanings, example usage and translations of the word hypothec.


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Wiktionary

  1. hypothecnoun

    In Scotland, a landlord's right over the stocking (cattle, implements, etc.), and crops of his tenant, as security for payment of rent.

  2. hypothecnoun

    Everything; the whole lot.

Webster Dictionary

  1. Hypothecnoun

    a landlord's right, independently of stipulation, over the stocking (cattle, implements, etc.), and crops of his tenant, as security for payment of rent

  2. Etymology: [F. hypothque. See Hypotheca.]

Wikidata

  1. Hypothec

    Hypothec is a mortgage in Roman and Scots law, in other words, a legal right over a debtor's property that however remains in the debtor's possession. It is a species of encumbrance giving a creditor a non-possessory security interest in a debtor’s real property jus in re aliena and a preferential right to have claims paid out of that property as last recourse when the debtor is in default. It is ultimately an advanced form of pledge for real property, at least insofar as it was conceived of by Roman law from which it originates. However, a pledge gives possession on delivery whereas a hypothec gives neither possession nor ownership. It is very similar to a common law non-possessory remortgage. A specific thing may be given absolutely to a creditor on the understanding that it is to be given back when the creditor's debt is paid; or the property in the thing may be assigned to the creditor while the debtor is allowed to remain in possession, the creditor as owner being able to take possession if his debt is not discharged. In the hypothec, the property does not pass to the creditor, nor does he get possession, but he acquires a preferential right to have his debt paid out of the hypothecated property; that is, he can sell it and pay himself out of the proceeds, or in default of a purchaser he can become the owner himself. The name and the principle have passed into Scotland's civil law system, which distinguishes between conventional hypothecs, as bottomry and respondentia, and tacit hypothecs established by law. Of the latter the most important is the landlord's hypothec for rent, which extends over the produce of the land and the cattle and sheep fed on it, and over stock and horses used in husbandry.

Chambers 20th Century Dictionary

  1. Hypothec

    hī-poth′ek, n. in Scotch law, a lien or security over goods in respect of a debt due by the owner of the goods.—adj. Hypoth′ecary, pertaining to hypothecation or mortgage.—v.t. Hypoth′ecāte, to place or assign anything as security under an arrangement: to mortgage.—ns. Hypothecā′tion; Hypoth′ecator. [Fr.,—L. hypotheca—Gr. hypothēkē, a pledge.]

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Numerology

  1. Chaldean Numerology

    The numerical value of hypothec in Chaldean Numerology is: 2

  2. Pythagorean Numerology

    The numerical value of hypothec in Pythagorean Numerology is: 1

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"hypothec." Definitions.net. STANDS4 LLC, 2024. Web. 6 May 2024. <https://www.definitions.net/definition/hypothec>.

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