general hypothecation

general hypothecation
The hypothecation by a debtor of all of his property for the benefit of his creditors.

Ballentine's law dictionary. . 1998.

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  • hypothecation — A Roman law name for a pawn or pledge wherein the feigned pledge remained in the possession of the pledgor. 41 Am J1st Pldg & Col § 2. A contract whereby, without change of possession, specific property is designated as security for the payment… …   Ballentine's law dictionary

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  • Italy — • In ancient times Italy had several other names: it was called Saturnia, in honour of Saturn; Enotria, wine producing land; Ausonia, land of the Ausonians; Hesperia, land to the west (of Greece); Tyrrhenia, etc. The name Italy, which seems to… …   Catholic encyclopedia

  • Television licence — A television licence (or broadcast receiver licence) is an official licence required in many countries for the reception of television (and sometimes also radio) broadcasts. It is a form of hypothecation tax to fund public broadcasting, thus… …   Wikipedia

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