单词 | hypothecation |
释义 | hypothecationDefinition Collateralizing arrangement in which neither the possession nor the title but only the right to sell an asset or property passes on to the creditor or lender (called a grantee). Arrangement where the grantee has the possession and right to sell, but not the title, is called pledging. Use 'hypothecation' in a SentenceI had to be explained hypothecation by the man and it made me uneasy cause I knew the process would be kind of hard. You need to figure out how to use hypothecation to your advantage and come up with ways that it can help you. Patent lawyers often deal with hypothecation and all of the convoluted and abstract ideas that go into litigating over an idea or pledging. |
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