MLchartDataset catalogue

Hypothecate

Term · Law · MLC-T-LAW-002487

To pledge property as security for a debt without transferring possession of the property to the creditor. The debtor retains ownership and use of the asset while it serves as collateral. This practice is common in real estate, where a mortgage hypothecates the property to the lender.

Table 1. Record
IdentifierMLC-T-LAW-002487
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-002487",
  "term": "Hypothecate",
  "field": "Law",
  "definition": "To pledge property as security for a debt without transferring possession of the property to the creditor. The debtor retains ownership and use of the asset while it serves as collateral. This practice is common in real estate, where a mortgage hypothecates the property to the lender.",
  "url": "https://mlchart.com/terminology/law/hypothecate/"
}

Record 2,407 of 5,445 in Law terminology (MLC-0107). Request the full dataset.