Legal Dictionary of Pakistan

hypotheque

n. French law. Hypothecation; the right vested in a creditor by the assignment to the creditor of real estate as security for a debt, whether or not accompanied by possession. ( Hypotheque may be legale, as the charge that the state has over the lands of its accountants, or that a married woman has over the lands of her husband; judiciaire, when it is the result of a judgment of a court of justice; or conventionelle, when it is the result of the parties' agreement. hypothetical creditor. See CREDITOR.