1. The plural of hypothecation; instances of pledging property as security for a debt without transferring possession or title to the creditor.
Usage: legal/finance term; primarily used in maritime law and commercial transactions

Examples

• The bank accepted multiple hypothecations of the company's equipment as collateral for the loan.
• Maritime law recognizes hypothecations of ships as a common financing mechanism.
• The contract outlined several hypothecations of inventory to secure the credit line.
• Hypothecations allow borrowers to retain use of their assets while providing lenders with legal recourse.
• The creditor registered the hypothecations with the appropriate authorities to establish priority claims.