Englisch: hypothecateEnglisch translation: The bank retains legal ownership of the property until the debt is paid off BUT  KudoZ The KudoZ network provides a framework for translators ... More  |
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| Glossareintrag (aus Frage unten abgeleitet) | | Englisch Begriff oder Satz: | hypothecate | | Englisch Übersetzung: | The bank retains legal ownership of the property until the debt is paid off BUT | | Eingetragen von: | Anna Maria Augustin |
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Übersetzungen Englisch > Englisch [PRO]
Bus/Financial - Immobilien/Grundstücke | | Englisch Begriff oder Satz: hypothecate | What is the meaning of this word in this context? The only two meanings I can find are "pledge" (as in a mortgage) and theorize. Neither of those meanings seems to work here. Any suggestions appreciated.
Among other deals in the works, Trump Mortgage has also been hired as exclusive broker to ***hypothecate*** a $25 million mortgage for a 200,000-square-foot building in Columbus, Ohio, in which Trump would sell the mortgage to another investor.
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|  Jana ColeKudoZ-AktivitätFragen: 492 ( 2 offen) ( 1 without valid answers) ( 13 closed without grading) Antworten: 152
Vereinigte Staaten
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| Klarstellungsanfrage(n) und Erwiderung
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 Anna Maria Augustin
Frankreich
Local time: 02:22
| Hinweis von Fragesteller an den AntwortendenThis was not the exact answer, but it was the most helpful. The traditional meanings were not appropriate.
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6 Min. Antwortsicherheit:   Zustimmung (Netto): -2 |
| The bank retains legal ownership of the property until the debt is paid off BUT
Erklärung:
Please read the link for a more up to date meaning of the word.
http://en.wikipedia.org/wiki/Hypothecate
| Anna Maria Augustin
Frankreich
Local time: 02:22
Muttersprache: Englisch, Französisch
PRO-Punkte in Kategorie: 8
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| Hinweis von Fragesteller an den Antwortenden| This was not the exact answer, but it was the most helpful. The traditional meanings were not appropriate. |
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2 Stunden Antwortsicherheit: Zustimmung (Netto): +3 |
| to pledge property to secure a loan
Erklärung:
This isn't my specialty, so I can't vouch for this definition.
To pledge property to secure a loan. Though title to the property is not transferred, hypothecation creates a right by the creditor to liquidate the property to satisfy the debt in the event of default.
http://insurance.cch.com/rupps/hypothecate.htm
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Note added at 2 hrs (2006-11-02 01:46:47 GMT)
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To pledge (property) as security or collateral for a debt without transfer of title or possession.
http://www.answers.com/topic/hypothecate
hypothecate
v. from Greek for "pledge," a generic term for using property to secure payment of a loan, which includes mortgages, pledges and putting up collateral, while the borrower retains possession.
http://dictionary.law.com/default2.Asp?selected=890&bold=%7C...
| Kim Metzger
Mexiko
Local time: 19:22
Arbeitsgebiet
Muttersprache: Englisch
PRO-Punkte in Kategorie: 11
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The translation workplace 
