Hypothecate

Quick meaning: Hypothecate is a verb meaning (transitive) To pledge (something) as surety for a loan; to pawn, mortgage.

Meaning

(transitive) To pledge (something) as surety for a loan; to pawn, mortgage.

More Meanings

1. (politics, British) To designate a new tax or tax increase for a specific expenditure.
2. (Australia) To designate in advance the specific purpose of expenditure for government revenues (especially taxes).

Example Sentences

‘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.

"Levying customs duties and excises on necessities also ensured a relatively secure source of revenue. Revenues were generally hypothecated in an attempt to draw support from the public, for example funding an orphanage, gaol, hospital equipment and building works around Sydney." A brief history of Australia's tax system; Sam Reinhardt and Lee Steel; 04 September 2006

Word Forms

• hypothecates
• hypothecating
• hypothecated

Synonyms for hypothecate

Depending on context, synonyms include conjecture, speculate, suppose, hypothesize, theorize, theorise.

Related Words

Related dictionary entries include suppose, hypothesize, conjecture, theorize, speculate, theorise.

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