hypothecate
- Verb. (legal) To pledge property or an existing mortgage as surety for a loan.
- Verb. (politics, British) To designate a new tax or tax increase for a specific expenditure.
This is an unmodified, but possibly outdated, definition from Wiktionary and used here under the Creative Commons license. Wiktionary is a great resource. If you like it too, please donate to Wikimedia.
This entry was last updated on RefTopia from its source on 3/20/2012.