Hypothec: Canada Debt .ca defines Hypothec

Bankruptcy Term Hypothec

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Canada Debt has the definition to the bankruptcy and debt term Hypothec. Finding answers to terms such as Hypothec can be difficult, especially if there is more than one definition which is why we have created a page dedicated to financial terms dealing exclusively with debt. Hypothec in financial terms means...

In debt and bankruptcy terms, the phrase / term 'Hypothec' is used as follows:

A right on property given to a creditor as performance for an obligation. The creditor then has a right to follow the property even if it undergoes successive changes of ownership.