hypothecate
Secure a loan
To hypothecate is to pledge property as security for a debt without transferring possession or title.
Unlike a pawn, where you hand over the item, hypothecation lets you keep using the asset—a homeowner hypothecates their house for a mortgage while still living in it.
The term appears mainly in legal, banking, and securities contexts: The broker hypothecated client securities as collateral for the firm's loan.
Binding promise given
- securityProtection from threat
- encumbranceHindrance or legal claim
- lienClaim securing debt
- assetItem of value owned
guarantee · surety · escrow · deed · title · pawn · bailment · charge
Commitment to act
- commitmentFirm pledge to act
- guaranteeFormal promise of fulfillment
- assuranceFirm promise or certainty
- covenantBinding formal pledge
contract · undertaking · obligation · condition · stipulation · pawn · deposit · earnest
Something owned or inherent
- real estateLand and its structures
- foreclosureLender seizes mortgaged property
- interestAttention, stake, or fee
- amortizationGradual debt reduction schedule
lender · borrower · deed · refinance · equity · principal · appraisal · encumbrance
pledge
Binding promise given
- securityProtection from threat
- encumbranceHindrance or legal claim
- lienClaim securing debt
asset · guarantee · surety · escrow · deed · title · pawn · bailment · charge · valuation
promise
Commitment to act
- commitmentFirm pledge to act
- guaranteeFormal promise of fulfillment
- assuranceFirm promise or certainty
covenant · contract · undertaking · obligation · condition · stipulation · pawn · deposit · earnest · gage
property
Something owned or inherent
- real estateLand and its structures
- foreclosureLender seizes mortgaged property
- interestAttention, stake, or fee
amortization · lender · borrower · deed · refinance · equity · principal · appraisal · encumbrance · title
loan
Borrowed money repaid later
- securitiesTradeable financial assets
- borrowingTemporary taking of another's
- debtMoney owed another
creditor · debtor · lender · debenture · bond · financing · capital · default · margin · broker-dealer
conjecture
Guess from limited facts
- theorizeForm explanatory suppositions
- hypothesizePropose a tentative explanation
- postulateAssumed starting point
suppose · assume · presume · surmise · propose · posit · infer · reason · deduce · extrapolate
hypothecateconvey
Communicate or transport
alienate · assign · divest · liquidate · dispose of
hypothecaterelease
To let go
unencumber · discharge · redeem · clear title · pay off