hypothecation definition
hypothecation means a charge in or upon any movable property, existing or future, created by a borrower in favour of a secured creditor without delivery of possession of the movable property to such creditor, as a security for financial assistance and includes floating charge and crystallization of such charge into fixed charge on movable property;
hypothecation means a hypothecation of a registered lease of urban immovable property the unexpired period of which, at the date of the hypothecation, exceeds the period of repayment of the advance made on the security of that hypothecation by not less than ten years;
hypothecation means a charge in or upon any movable property, existing in future, created by a borrower in favour of a secured creditor, without delivery of possession of the movable property to such creditor, as a security for financial assistance and includes floating charge and crystallization of such charge into fixed charge on movable property. (Borrowed from section 2(n) of Securitisation and Reconstruction of Financial Assets & Enforcement of Security Interest Act, 2002)”
More Definitions of hypothecation
hypothecation means the pledging of assets or securities as collateral to secure a margin facility.
hypothecation means a specific charge created upon the secured asset, more fully described in the Schedule - I.
hypothecation means the pledging of property as security or collateral for a
hypothecation has the meaning specified in Section 12(a). -------------
hypothecation means a cbarge in or upon any movable pIoperty, existing Or future, created by a borrower in favo-ur of a secured creditor with out delivery of possession of tbe movable proner ty to such- creditor, as a security fOr financial as sistance and includes floating charge and cryst lli sation of such charge into fixed charge on mova- ble property; ,
hypothecation means to pledge assets or securities to a lender to secure a margin facility obtained from that lender.
hypothecation means a charge in or upon any movable