hypothecation
English
Etymology 1
hypothecate + -ion. From (deprecated template usage) [etyl] Latin hypothecatio, in turn from hypotheco (“I pledge as collateral”).
Noun
hypothecation (countable and uncountable, plural hypothecations)
Derived terms
Translations
the use of property as security for a loan
|
Etymology 2
Blend of hypothetical + dedication
Noun
hypothecation (countable and uncountable, plural hypothecations)
- (British) A tax levied for a specific expenditure.
- 1984, John R. Butler & Michael S. B. Vaile, Health and Health Services: An Introduction to Health Care in Britain[1], →ISBN, page 68:
- It is, however, precisely here that the weakness of hypothecation lies, for governments are not likely readily to surrender control over the disposition of taxes they impose.
- 2006, Julian Le Grand, Motivation, Agency, and Public Policy[3], →ISBN, page 155:
- Either way, effectively the government is simply using the hypothecated tax as part of general revenue, and the hypothecation is a sham.