hypothecations

Noun

hypothecation (countable and uncountable, plural hypothecations)

1. The use of property, or an existing mortgage, as security for a loan, etc.
   • After the deperdition of Indagator, having an appetency still further to pervstigate the frithy occident; being still an agamist, and not wishing to be any longer a pedaneous viator, nor to be solivagant, I brought about the emption of a yaud, partly by numismatic mutuation, and partly by a...1856, Samuel Klinefelter Hoshour, Letters to Squire Pedant, in the East, page 28
2. (UK) A tax levied for a specific expenditure.
   • It is, however, precisely here that the weakness of hypothecation lies, for governments are not likely readily to surrender control over the disposition of taxes they impose.1984, John R. Butler, Michael S. B. Vaile, Health and Health Services: An Introduction to Health Care in Britain, →ISBN, page 68