hypothecation

Definitions

Accounting

  • noun an arrangement in which property such as securities is used as collateral for a loan but without transferring legal ownership to the lender, as opposed to a mortgage, where the lender holds the title to the property
  • noun an action of earmarking money derived from specific sources for related expenditure, as when investing taxes from private cars or petrol sales solely on public transport

Economics

  • noun the use of property such as securities as collateral for a loan without transferring legal ownership to the lender (as opposed to a mortgage, where the lender holds the title to the property)

Health Economics

  • synonymearmarking
    (written as Hypothecation)
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