From ACT Wiki
Revision as of 11:43, 20 February 2020 by Doug Williamson (Talk | contribs) (Update quote.)

(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search


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.)


The pledging of securities or other assets as collateral for a borrowing, without transferring ownership of the assets.

See also