1. pledged as security for a debt without transfer of possession or title
Usage: legal; finance

Examples

• The bank accepted the hypothecated assets as collateral for the loan.
• His hypothecated property could not be sold without the lender’s consent.
• The company’s hypothecated inventory secured the credit line.
• She retained possession of the hypothecated securities while they served as collateral.
• The hypothecated bonds remained in the borrower’s account but were pledged to the bank.
• Under the agreement, the hypothecated goods could still be used in daily operations.