HYPOTHEC
\hˌa͡ɪpə͡ʊθˈɛk], \hˌaɪpəʊθˈɛk], \h_ˌaɪ_p_əʊ_θ_ˈɛ_k]\
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A landlord's right, independently of stipulation, over the stocking (cattle, implements, etc.), and crops of his tenant, as security for payment of rent.
By Oddity Software
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A landlord's right, independently of stipulation, over the stocking (cattle, implements, etc.), and crops of his tenant, as security for payment of rent.
By Noah Webster.
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n. [Latin, Greek] A legal security over the effects of a debtor granted to his creditors;—to claim of a shipowner over the cargo, for the freight of it;—in the law of Scotland, the claim which a landlord has to the crop, stock, &c., of his tenant, for the rent;—the claim of seamen over the freight of a ship, or the ship itself, in security of their wages.
Word of the day
Quinones
- Hydrocarbon rings which contain two moieties position. They can be substituted in any position except at the ketone groups.