hypothecation
Definition
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.
Mentioned in these definitions
Mentioned in these terms
Popular 'Banking, Commerce & Finance' Terms
hypothecation in the news
Loading...
This content can be found on the following page:
http://www.businessdictionary.com/definition/hypothecation.html
