Hypothecation: Difference between revisions
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imported>Doug Williamson (Link with Ring fence page.) |
imported>Doug Williamson (Expand. Source: http://www.investopedia.com/terms/h/hypothecation.asp) |
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'''1.''' | |||
The restriction of the use of the proceeds of a tax or other charge, for specific purposes. | The restriction of the use of the proceeds of a tax or other charge, for specific purposes. | ||
''... some states are calling for hypothecation of the [proposed financial transaction] tax to fund climate change investment. | ''... some states are calling for hypothecation of the [proposed financial transaction] tax to fund climate change investment.'' | ||
'' | |||
(The Treasurer, November 2015, p13.) | (The Treasurer, November 2015, p13.) | ||
'''2.''' | |||
The pledging of securities or other assets as collateral for a borrowing, without transferring ownership of the assets. | |||
== See also == | == See also == | ||
*[[Collateral]] | |||
*[[Financial Transaction Tax]] | *[[Financial Transaction Tax]] | ||
*[[Pledge]] | |||
*[[Ring fence]] | *[[Ring fence]] | ||
Revision as of 15:15, 30 October 2016
1.
The restriction of the use of the proceeds of a tax or other charge, for specific purposes.
... some states are calling for hypothecation of the [proposed financial transaction] tax to fund climate change investment.
(The Treasurer, November 2015, p13.)
2.
The pledging of securities or other assets as collateral for a borrowing, without transferring ownership of the assets.
