hypothecate
/haɪˈpɒθɪkeɪt/
Word Rarity
Very rare
Frequency: Zipf frequency 1.09 in modern English
24
Scrabble Score
11
Letters
4
Syllables
8
Unique Chars
Meaning
verb
To designate in advance the specific purpose of expenditure for government revenues (especially taxes).
Australian usage
Example Sentences
- "‘My husband, Jasper Murdock, provided in his will that no part of his collection might be sold, loaned or hypothecated during my lifetime.’"
- "The levy needed primary legislation and permission from the Treasury to hypothecate the proceeds back into the new line. It meant that the Greater London Authority could borrow against future income from the levy."
- ""Levying customs duties and excises on necessities also ensured a relatively secure source of revenue. Revenues were generally hypothecated in an attempt to draw support from the public, for example funding an orphanage, gaol, hospital equipment and building works around Sydney." A brief history of Australia's tax system; Sam Reinhardt and Lee Steel; 04 September 2006"
Etymology
From Latin hypothecatus, past participle of hypotheco, hypothecare. This was in turn derived from Ancient Greek ὑποθήκη (hupothḗkē, “pledge”), from the verb ὑποτίθημι (hupotíthēmi, “to pledge as surety”).
Origin
- Source language: Latin
Word Breakdown
- Root: *dʰeh₁-, hypothecatus
Regional Pronunciation
- British English: /haɪˈpɒθɪkeɪt/
Usage
- Transitive verb
- British usage
- Australian usage