Thursday, March 21, 2013
Word of the Day
hypothecate \hahy-POTH-i-keyt, hi-\,
verb:
1. to pledge to a creditor as security without delivering over; mortgage.
2. to put in pledge by delivery, as stocks given as security for a loan.
Then you hypothecate your stock in company number one, and you had your dummy directors lend you more money, and you buy another trust company.
-- Upton Sinclair, "The Moneychangers," 1920
He could buy certificates of city loan for the sinking-fund up to any reasonable amount, hypothecate them where he pleased, and draw his pay from the city without presenting a voucher.
-- Theodor Dreiser, "The Financier," 1912
Hypothecate first entered English in the late 1600s, originally from the Greek roots hypo- and tithenai meaning "to put down."
Dictionary.com Word of the Day
Recommended Web Sites!
- Internet Public Library . The “Reading Room” is interesting. Books, magazine, journal links and much much more.
- File Extension Resource. Ever wonder what those extensions mean on a file? Check this site out for thousands of extensions, what they mean, and what programs open them
- The Purdue University Online Writing Lab ...MLA guidelines in research papers, and citing all sources from a single book to government ...
- New York Public Library's Digital Gallery provides free and open access to over 640,000 images digitized from the The New York Public Library's vast collections, including illuminated manuscripts, historical maps, vintage posters, rare prints, photographs and more.