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hypothecation |
Also found in: Legal, Financial, Wikipedia | 0.02 sec. |
hypothecation 1. the process of pledging property as security for a debt. See also: Finance2. a claim made against property so pledged. — hypothecator, n. — hypothecary, adj. |
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Most leases require landlord consent to a sublease, lease assignment or lease hypothecation or encumbrance or to an occupancy of the premises by third parties. Tempo Financial provides premium financing for life insurance policies, purchase of life insurance in the secondary market for investment and management, and arranges and structures bank financing and hypothecation of Life Settlement portfolios for the Company and third parties. transacting any corporate business which is not in the ordinary course including, but not limited to, any merger, sale or acquisition of the corporation and any sale, transfer, pledge, assignment, hypothecation or alienation of corporate assets or issuing any further stock, warrants, options or converting restricted stock to free trading stock until further order of the Court. |
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