hypothecator
/haɪˈpɑθəˌkeɪtər/
noun
- A person who pledges property as security for a loan without giving up possession of the property.
- The hypothecator must sign the agreement to secure the debt.
- The hypothecator agreed to use his house as collateral for the business loan.
- As a hypothecator, she kept her car while the bank held a claim on it.
Antonyms