Hypothecation: Difference between revisions
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imported>Doug Williamson (Update quote.) |
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'' | 1. ''Tax.'' | ||
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. | ||
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'' | 2. ''Borrowing and lending - collateral.'' | ||
The pledging of securities or other assets as collateral for a borrowing, without transferring ownership of the assets. | The pledging of securities or other assets as collateral for a borrowing, without transferring ownership of the assets. | ||
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*[[Pledge]] | *[[Pledge]] | ||
*[[Ring fence]] | *[[Ring fence]] | ||
* [[Tax]] | |||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
Revision as of 18:59, 27 February 2025
1. Tax.
The restriction of the use of the proceeds of a tax or other charge, for specific purposes.
- Hypothecation of climate change tax
- '... some states are calling for hypothecation of the [proposed financial transaction] tax to fund climate change investment.
- (The Treasurer, November 2015, p13.)
2. Borrowing and lending - collateral.
The pledging of securities or other assets as collateral for a borrowing, without transferring ownership of the assets.
