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hypothecation    
n. 担保契约

担保契约

Hypothecation \Hy*poth`e*ca"tion\, n. [LL. hypothecatio.]
1. (Civ. Law) 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.
[1913 Webster]

There are but few cases, if any, in our law, where
an hypothecation, in the strict sense of the Roman
law, exists; that is a pledge without possession by
the pledgee. --Story.
[1913 Webster]

Note: In the modern civil law, this contract has no
application to movable property, not even to ships, to
which and their cargoes it is most frequently applied
in England and America. See {Hypothecate}. --B. R.
Curtis. Domat.
[1913 Webster]

2. (Law of Shipping) A contract whereby, in consideration of
money advanced for the necessities of the ship, the
vessel, freight, or cargo is made liable for its
repayment, provided the ship arrives in safety. It is
usually effected by a bottomry bond. See {Bottomry}.
[1913 Webster]

Note: This term is often applied to mortgages of ships.
[1913 Webster]

HYPOTHECATION, civil law. This term is used principally in the civil law; it
is defined to be a right which a creditor has over a thing belonging to
another, and which consists in the power to cause it to be sold, in order to
be paid his claim out of the proceeds.
2. There are two species of hypothecation, one called pledge, pignus,
and, the other properly denominated hypothecation. Pledge is that species,
of hypothecation which is contracted by the delivery of the debtor to the
creditor, of the thing hypothecated. Hypothecation, properly so called, is
that which is contracted without delivery of the thing hypothecated. 2
Bell's Com. 25, 5th ed.
3. Hypothecation is further divided into general and special when the
debtor hypothecates to his creditor all his estate and property, which he
has, or may have, the hypothecation is general; when the hypothecation is
confined to a particular estate, it is special.
4. Hypothecations are also distinguished into conventional, legal, and
tacit. 1. Conventional hypothecations are those which arise by the agreement
of the parties. Dig. 20, 1, 5.
5.-2. Legal hypothecation is that which has not been agreed upon by
any contract, express or implied; such as arises from the effect of
judgments and executions.
6.-3. A tacit, which is also a legal hypothecation, is that which the
law gives in certain cases, without the consent of the parties, to secure
the creditor; such as, 1st. The lien which the public treasury has over the
property of public debtors. Code, 8, 15, 1. 2d. The landlord has a lien on
the goods in the house leased, for the payment of his rent. Dig. 20, 2, 2;
Code, 8, 15, 7, 3d. The builder has a lien, for his bill, on the house he
has built. Dig. 20, 1. 4th, The pupil has a lien on the property of the
guardian for the balance of his account. Dig. 46, 6, 22; Code, 6, 37, 20.
5th. There is hypothecation of the goods of a testator for the security of a
legacy he has given. Code, 6, 43, 1.
7. In the common law, cases of hypothecation, in the strict sense of
the civil law, that is, of a pledge of a chattel, without possession by the
pledgee, are scarcely to be found; cases of bottomry bonds and claims for
seamen's wages, against ships are the nearest approach to it; but these are
liens and privileges rather than hypothecations. Story, Bailm. Sec. 288. It
seems that chattels not in existence, though they cannot be pledged, can be
hypothecated, so that the lien will attach, as soon as the chattel has been
produced. 14 Pick. R. 497.
Vide, generally, Poth. de l'Hypothque; Poth. Mar. Contr. translated by
Cushing, note. 26, p. 145; Commercial Code of France, translated by Rodman,
note 52, p. 351; Merl. Rpertoire, mot Hypothque, where the subject is
fully considered; 2 Bro. Civ. Law, 195; Ayl. Pand. 524; 1 Law Tracts, 224;
Dane's Ab. h.t.; Abbott on Ship. Index, h.t.; 13 Ves. 599; Bac. Ab.
Merchant, &c. G; Civil Code of Louis. tit. 22, where this sort of security
bears the name of mortgage. (q.v.)


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  • Hypothecation: Definition, How It Works, Examples - Investopedia
    Hypothecation occurs when an asset is pledged as collateral to secure a loan without giving up title, possession, or ownership rights It's different from a mortgage
  • What Is Hypothecation? Definition, Examples, and Risks
    Hypothecation lets you use an asset as collateral while keeping it, but defaulting puts that asset at real risk Here’s what borrowers should know
  • Hypothecation | Meaning, Example, Vs Mortgage, Vs Pledge, Documentation
    The hypothecation deed is an agreement that contains standard features and rules; which usually cover the following points: Definitions, Insurance , Inspection rules , rights and remedies of each party , security details marked for hypothecation, sale realizations, insurance proceeds, the liability of each party, jurisdiction prevailing
  • What Does Hypothecation Mean In Lending? | Bankrate
    You may see hypothecation in auto loans, mortgages and home equity loans It refers to having collateral for the debt
  • What Is Hypothecation? | SoFi
    Hypothecation in Real Estate A mortgage is a classic example of a hypothecation loan: The lending institution foots the six-digit (or seven-digit) cost of the home upfront but retains the right to seize the property if you’re unable to make your mortgage payments Hypothecation also occurs with investment property loans
  • Hypothecation | Definition | What is Hypothecation Agreement?
    Hypothecation is a financial arrangement where an asset, such as securities or property, is pledged as collateral to secure a loan or credit facility The borrower retains ownership and possession of the hypothecated asset while granting a security interest to the lender This allows the lender to seize and sell the asset to recover their funds if the borrower defaults Hypothecation is
  • Word of the day: Hypothecation: Word of the Day: Hypothecation — here’s . . .
    Word of the Day: Hypothecation — Hypothecation is a key financial term every borrower and investor should understand today It means pledging an asset as loan collateral while keeping ownership and daily use This system powers home loans, car loans, margin trading, and business financing worldwide
  • What is hypothecation? - Yahoo Finance
    Hypothecation means offering an asset as collateral, or as backing for a loan If you default on the loan, the lender can take the asset to recoup their money Common uses for hypothecation include
  • What is Hypothecation? Meaning, Types Examples | Hero FinCorp
    Hypothecation is the act of offering a movable asset as collateral Learn how it works, its types, and how it differs from a pledge or mortgage
  • What Does Hypothecation Mean? - Experian
    Hypothecation means using an asset as collateral to secure a loan In the event of default, the lender can take possession of the asset Learn more





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