hypothecary note

Scots Law : A note given in acknowledgment of debt, but which cannot pa into circulation. hy-poth-ě-cāte, v . t . [Eng. hypothec; -ate .] 1. To pledge or mortgage to a creditor in secuzity for some debt or liability, but without transfer of title or delivery of po e ion. "Distinguished like all other hypothecated estates, by small columns."- Sir W. Jones: Commentary on Isaeus . 2. To pledge generally; to mortgage. "He had no power to hypothecate any part of the public revenue."- Macaulay : Hist . Eng ., ch. xii. chin, bench; go, gem; thin, this;