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Scottish National Dictionary (1700–)

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First published 1960 (SND Vol. V).
This entry has not been updated since then but may contain minor corrections and revisions.

HYPOTHECATE, v. Sc. Law: To give, take or pledge as security (Sc. 1825 Jam.); to pawn, mortgage. Hence hypothecation, pledging, pawning. [hɪ′pɔθəket]Sc. 1754 Erskine Principles ii. vi. § 28:
The whole cattle on the ground, considered as a quantity, are hypothecated for a year's rent, one after another successively.
Sc. 1827 Scott Napoleon I. 222:
The assembly adopted a system of paper money, called Assignats, which were secured or hypothecated upon the church lands.
Cai. 1872 M. McLennan Peasant Life 306:
In a few days after the old man was buried the merchant hypothecated the poor household stuff that was the cottage furniture for security and in payment of his rent.
Sc. 1883 M. Oliphant Ladies Lindores xxxv.:
There had been borrowings and hypothecations of all sorts enough to make a financier's hair stand on end.

[O.Sc. has pa.p. hypothecat, 1681, from ppl. stem hypothecat- of med. Lat. hypothecare, id. See Hypothec.]

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"Hypothecate v.". Dictionary of the Scots Language. 2004. Scottish Language Dictionaries Ltd. Accessed 20 Apr 2024 <http://www.dsl.ac.uk/entry/snd/hypothecate>

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