HYPOTHECATION n. 2 definitions
The act or contract by which property is hypothecated; a right which a creditor has in or to the property of his debtor, in virtue of which he may cause it to be sold and the price appropriated in payment of his debt. This is a right in the thing, or jus in re. Pothier. B. R. Curtis. There are but few cases, if any, in…
HYPOTHETIC; HYPOTHETICAL a.
Characterized by, or of the nature of, an hypothesis; conditional; assumed without proof, for the purpose of reasoning and deducing proof, or of accounting for some fact or phenomenon. Causes hypothetical at least, if not real, for the various phenomena of the existence of which our experience informs us. Sir W. Hamilt…