Definition of hypothecation in US English:

hypothecation

noun

  • See hypothecate

    • ‘Central agencies opposed hypothecation in the absence of financial market disciplines.’
    • ‘The reason for this is that hypothecation reduces financial accountability in the absence of competitive market disciplines.’
    • ‘But this hypothecation has slipped over the years.’
    • ‘If hypothecation is extended and the Treasury manages a series of accounts tying revenue to specific spending, they will lose some of this clout.’
    • ‘The hypothecation scheme has been a completely predictable disaster.’

Pronunciation