meaning of hypothecat
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hey friends
Pledge (money) by law to a specific purpose.
Hope it is helpful..
:-)
Pledge (money) by law to a specific purpose.
Hope it is helpful..
:-)
aditikota:
hi
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Hypothecation is the practice where a debtor pledges collateral to secure a debt or as a condition precedent to the debt, or a third party pledges collateral for the debtor.
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