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hypothec |
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hypothec [haɪˈpɒθɪk] n (Law) Roman and Scots law a charge on property in favour of a creditor [from Late Latin hypotheca a security, from Greek hupothēkē deposit, pledge, from hupotithenai to deposit as a security, place under, from hypo- + tithenai to place] How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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On July 18, 2005 the REIT put in place a hypothecary loan of $18,000 on an industrial property located at 2000 Halpern, St. On July 18, 2005 the REIT put in place a hypothecary loan of $18,000 on an industrial property acquired in the second quarter of 2005 located at 2000 Halpern, St. The Purchase Price is financed by a hypothecary loan from Societe Financiere MCAP for an amount of thirteen million six hundred thousand dollars ($13,600,000), at the annual floating interest rate established on the bankers acceptances plus four hundred points per year. |
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