hypothecate

Meaning

Verb

To pledge (something) as surety for a loan; to pawn, mortgage.
To designate a new tax or tax increase for a specific expenditure

Origin

From Latin hypothecatus, past participle of hypotheco, hypothecare. This was in turn derived from Ancient Greek ὑποθήκη, from the verb ὑποτίθημι.

Modern English dictionary

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