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Hypothecate
/hʌɪˈpɒθɪkeɪt/
To pledge (something) as surety for a loan; to pawn, mortgage.
📖 Definitions of "Hypothecate"
verb
- 1
To pledge (something) as surety for a loan; to pawn, mortgage.
- 2
To designate a new tax or tax increase for a specific expenditure
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