hypothecated in English

verb
1
pledge (money) by law to a specific purpose.
The Inter-State Commission was equivocal about hypothecation, but recognised hypothecated payments as contributions toward the cost of road use.
verb

Use "hypothecated" in a sentence

Below are sample sentences containing the word "hypothecated" from the English Dictionary. We can refer to these sentence patterns for sentences in case of finding sample sentences with the word "hypothecated", or refer to the context using the word "hypothecated" in the English Dictionary.

1. The hypothecation contract goes into effect as of the date the hypothecated shares are recorded in the stock ledger.

2. Bottomry, a maritime contract by which a ship (or bottom) is hypothecated in security for money borrowed for expenses incurred in the course of her voyage, under the condition that if she arrive at her destination the ship shall be liable for repayment of the loan, together with such premium thereon as may have been agreed for; but that if the ship be lost, the lender shall have no claim …