hypothecation
/haɪˌpɒθəˈkeɪʃn/noun
उच्चारण हाइपॉथकेशन
दृष्टिबंधक, हाइपोथिकेशन
Advanced word
- 1
[U] finance
an arrangement in which a borrower gives a lender a legal right over movable property, such as a vehicle or stock of goods, as security for a loan, while keeping the property in his or her own possession
दृष्टिबंधक, हाइपोथिकेशन
- The car is under hypothecation to the bank until the loan is repaid.
- The trader got a loan against hypothecation of his stock.
◇Word family
?Which word?
Do not confuse hypothecation (movable property, the borrower keeps possession) and pledge (the lender keeps possession, as with gold).
Hypothecation (चल संपत्ति, कब्ज़ा उधारकर्ता के पास रहता है) और pledge (कब्ज़ा ऋणदाता के पास रहता है, जैसे सोने में) में भ्रमित न हों।
§Grammar and usage
Usage: hypothecation on a vehicle is noted on its registration certificate and removed when the loan is closed.
Usage में वाहन पर hypothecation उसके registration certificate पर दर्ज होता है और ऋण बंद होने पर हटाया जाता है।