The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

HYPOTHECATE Definition & Legal Meaning

Definition & Citations:

To pledge a thing without delivering the possession of it to thepledgee. “The master, when abroad, and in the absence of the owner, mayhypothecate the ship, freight, and cargo, to raise money requisite for the completion ofthe voyage.” 3 Kent, Comm. 171. See Spect v. Spect, 88 Cal. 437, 20 Pac. 203, 13 L. It.A. 137, 22 Am. St. Itep. 314; Ogden v. Lathrop, 31 N. Y. Super. Ct. 051.


This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.