Definition of hypothec in English:

hypothec

noun

  • (in Roman and Scots law) a right established by law over a debtor's property that remains in the debtor's possession.

    • ‘You want to buy a new house without the horrors of construction legal hypothecs?’
    • ‘Moveable hypothecs with delivery are not required to be in writing.’
    • ‘There is a separate land registry system for title to real estate and hypothecs on real estate.’
    • ‘The immovable hypothec is granted in the prescribed manner described in the Civil Code of Québec.’
    • ‘If one fails to abide by this rule on written information, no construction legal hypothec can be placed against the property.’
    • ‘The legal framework governing realization of most quasi-security interests is in Quebec the same as for hypothecs.’
    • ‘Many forms of jus existed short of ownership, notably the hypothec, the civilian equivalent of the mortgage.’
    • ‘All hypothecs should be registered at the State register of hypothecs supported by Ministry of Justice.’
    • ‘However, movable hypothecs are a form of real security, while suretyship is a form of personal security.’
    • ‘The judicial hypothec arises from any judgment given in civil proceedings by the Royal Court.’
    • ‘This arrangement is distinguishable from the hypothec of Roman Law and of modern civil law, which is comparable to a mortgage.’
    • ‘Any hypothecs effecting this ‘unregisterable’ part are considered as overriding interests but one may choose to include same in the application.’
    • ‘If the goods are removed from the leased premises prior to the landlord's hypothec being perfected, the rights therein are lost to the landlord.’
    • ‘The contractors registered legal hypothecs on the co-ownership in order to guarantee the payment of their account.’
    • ‘The hypothec allows the Landlord to sell the movable goods of the tenant, which are on the leased premises.’

Origin

Early 16th century: from French hypothèque, via late Latin from Greek hupothēkē deposit (from hupo under + tithenai to place).

Pronunciation:

hypothec

/hʌɪˈpɒθɪk/