(v. t.) To subject, as property, to liability for a debt or engagement without delivery of possession or transfer of title; to pledge without delivery of possession; to mortgage, as ships, or other personal property; to make a contract by bottomry. See Hypothecation, Bottomry.
Example Sentences:
(1) Mere hypothecation, scoff politicians, rejecting the idea again in parliament yesterday.
(2) Full-blooded hypothecation would in theory dodge some of these weaknesses.
(3) We have found that nocodazole reversibly inhibits nuclear migration and can be used to induce karyokinesis before the completion of nuclear migration, resulting in spindles that are displaced toward the hypothecal end of the cell.
(4) In that package you put out this week for instance, the spending cuts to benefits are hypothecated towards childcare payments.
(5) "Funded by a hypothecated tax, the BBC feels empowered to offer something for everyone, even in areas well served by the market.
(6) In order to be able to claim it would be revenue-neutral – a kind of reverse hypothecation – a 0.3% cut in employers' national insurance contributions was made at the same time.
(7) That’s the reality, however passionately we might think this is the right solution, but certainly when Labour was in government and we did the penny on NI [national insurance] for the NHS, it was a semi-hypothecation to say it’s going to go on this specifically.
(8) The shadow treasurer, Chris Bowen, said the budget leak was a “desperate attempt to cover for the fact the Government will be adopting, in full, Labor’s policy on tobacco excise.” “Labor’s tobacco excise policy was fully and independently costed by the Parliamentary Budget Office.” “Labor has never directly hypothecated the revenue from tobacco excise for schools spending.
(9) The government has also hypothecated the savings from the cuts to family tax benefits as a way to “pay” for a $3.5bn childcare shake-up that was the centrepiece of this year’s budget.
(10) NI itself started as a hypothecated tax or "contribution" to fund social security including pensions (though not the NHS).
(11) There is a whisper that the government is considering a reprise of its previous increase of National Insurance rates, hypothecated for the NHS.
(12) The last time the debate about hypothecation captured attention was back in the 1990s, when Labour was struggling to assert its economic competence.
(13) Hypothecated taxes, as economists call them (deriving from the Greek hypotithenai, meaning "to give as pledge"), are usually opposed by finance ministries because they reduce central control.
(14) He refused to confirm that the £1bn funding will come from a squeeze on tax credits, arguing that no tax raising measure is hypothecated in this exact way.
(15) This would require some general taxation but could be gradually built up with more money from hypothecated taxes associated with health and consumption of care.
(16) British taxes are not hypothecated and he might as well say mansion tax is to pay for Trident submarines, but he has “promised” it to the NHS.
(17) The Treasury would hate this hypothecated tax, but it might just focus minds enough to kickstart a rational debate over the cost, funding and provision of modern healthcare.
(18) This would be seen as a particularly radical step because it would be a form of hypothecation – allowing a stream of revenue to be directed at a particular project.
(19) But hypothecation with a purpose, looking after the country's long-term interests, building up a reserve that can, in line with strict rules ( Norway's cap on annual spending of its vast fund is just 4% a year ) provide an insurance for everyone in an uncertain future.
(20) First, tumors should grow better and be less immunogenic in certain F1 hybrids than in their syngeneic parents, owing to the hypothecated cross-reactivity of the tumor-specific transplantation antigens with F1 antigens.
Mortgage
Definition:
(n.) A conveyance of property, upon condition, as security for the payment of a debt or the preformance of a duty, and to become void upon payment or performance according to the stipulated terms; also, the written instrument by which the conveyance is made.
(n.) State of being pledged; as, lands given in mortgage.
(v. t.) To grant or convey, as property, for the security of a debt, or other engagement, upon a condition that if the debt or engagement shall be discharged according to the contract, the conveyance shall be void, otherwise to become absolute, subject, however, to the right of redemption.
(v. t.) Hence: To pledge, either literally or figuratively; to make subject to a claim or obligation.
Example Sentences:
(1) • This article was amended on 1 September 2014 because an earlier version described Platinum Property Partners as a buy-to-let mortgage lender.
(2) Gross mortgage lending stood at £7.9bn in April compared with £8.7bn in March and a six-month average of £9.9bn.
(3) "We have concerns that a potential buyer looking at a property may not value the improvements carried out under Green Deal and may not want to pay for them," a mortgage industry source told the Observer .
(4) The Guardian has a mortgage advice service, provided by London & Country
(5) Santander's new mortgage range complements this, putting our relationship with our customers at the heart of our business and ensuring they get the right mortgage for them – one they can afford and which meets their needs."
(6) To comply with these rules, interest is not paid on Islamic savings or current accounts, or charged on Islamic mortgages.
(7) The BBA statistics director, David Dooks, said: "It was no surprise to see the January mortgage figures falling back from December, when transactions were being pushed through to beat the end of stamp duty relief.
(8) The City watchdog said call handlers at Yorkshire, the UK’s second-biggest building society after Nationwide, failed to deal properly with customers who contacted the society about problems paying their mortgage.
(9) One mortgage payer, writing on the MoneySavingExpert forum, said: "They are asking for an extra £200 per month for the remaining nine years of our mortgage.
(10) "Getting a 95% loan to value mortgage lets you speculate on the expected house price increases a lot more than a 75% mortgage," he said.
(11) Childcare carves out a hefty third of household income for one in three families, overshadowing mortgage repayments as the biggest family expenditure .
(12) It’s been widely reported that black people are disproportionately harmed by the mortgage market.
(13) Would I be stupid not to wait another six months or so, to get a 90% mortgage given the cons of Help to Buy?
(14) Data from a sample of completed property sales provided by mortgage lenders, representing about 65%-70% of homes bought with mortgages.
(15) Alternatively, if your mortgage has been going for a few years – and so a reasonable amount of capital has been repaid, you may be able to borrow back up to the value of the original mortgage.
(16) As part of the plan, the treasury and the Federal Deposit Insurance Corporation will guarantee against the "possibility of unusually large losses" on up to $306bn of risky loans and securities backed by commercial and residential mortgages.
(17) Mortgage lenders are failing to follow rules designed to help people avoid repossession, according to a damning report published today.
(18) The main plans include: • a scheme to help buyers secure mortgages of up to 95% loan-to-value.
(19) If Thatcher's government is in part to blame, then Bill Clinton's is even more so; driven by a desire to let every American own their own home, it was Clinton's decision to create the ill-fated sub-prime mortgage system .
(20) For those who can't stump up more than 5% of the agreed price, he suggests guarantor mortgages, such as that offered by Lloyds TSB.