Hypothec (noun) Definition, Meaning & Examples

noun
  1. a mortgage or security held by a creditor on the property of a debtor without possession of it, created either by agreement or by operation of law.
  2. (in some modern legal systems) a security interest created in immovable property.
noun
  1. a charge on property in favour of a creditor
Hypothec (noun) Definition, Meaning & Examples

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