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Definition of: hypothec
(hī·poth′ik, hi-) noun
A pledge or mortgage of either lands or goods as security for debt where the property pledged remains in possession of the debtor. [<F hypothèque <LL hypotheca <Gk. hypothēkē pledge <hypotithenai deposit as a pledge <hypo-under + tithenai put]
—hy·poth′e·car′y (-ə·ker′ē) adjective
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