Hypothecation

Hypothecation (hypothecation)
n.	(?)
Hypoth`eca"tion
[LL. hypothecatio.]

The act or contract by which property is hypothecated; a right which a creditor has in or to the property of his debtor, in virtue of which he may cause it to be sold and the price appropriated in payment of his debt. This is a right in the thing, or jus in re.

Pothier. B. R. Curtis.

There are but few cases, if any, in our law, where an hypothecation, in the strict sense of the Roman law, exists; that is a pledge without possession by the pledgee. Story.

* In the modern civil law, this contract has no application to movable property, not even to ships, to which and their cargoes it is most frequently applied in England and America. See Hypothecate. B. R. Curtis. Domat.

A contract whereby, in consideration of money advanced for the necessities of the ship, the vessel, freight, or cargo is made liable for its repayment, provided the ship arrives in safety. It is usually effected by a bottomry bond. See Bottomry.

* This term is often applied to mortgages of ships.

Why Donate?

Here are a number of reasons:

To indicate your approval.
To express your appreciation.
To help pay for website expenses and keep this website online.

Donate Using PayPal

If you have a major credit card (Visa, MasterCard, American Express) or a PayPal account, donating is easy. Just click the dollar amount below to donate:


$ 5	$ 10	$ 20	$ 50	$ 100	$ Other $

Donations from Outside of the United States

We welcome donations from anywhere in the world and in any currency. PayPal accepts a number of international currencies.

Donations by Other Methods

If you wish to donate via direct bank deposit or mail a cheque or money order, please email me .

The dictionary's 1913 edition of the 1900 International, renamed Webster's Revised Unabridged Dictionary, has in modern times been used in various free online resources, as its copyright lapsed and it became public domain.
- Wikipedia

Hypothecation

Why Donate?

Donate Using PayPal

Donations from Outside of the United States

Donations by Other Methods

News: twelve

The dictionary's 1913 edition of the 1900 International, renamed Webster's Revised Unabridged Dictionary, has in modern times been used in various free online resources, as its copyright lapsed and it became public domain. - Wikipedia

Hypothecation

Why Donate?

Donate Using PayPal

Donations from Outside of the United States

Donations by Other Methods

News: twelve

The dictionary's 1913 edition of the 1900 International, renamed Webster's Revised Unabridged Dictionary, has in modern times been used in various free online resources, as its copyright lapsed and it became public domain.
- Wikipedia