Multiple choice

Directions: Select the option which is closest in meaning to the given question word.

Hypothecate

  1. throw away

  2. pledge

  3. forget

  4. remove forcibly

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Hypothecate means to pledge something as security for a debt or obligation, without transferring possession. In finance, it specifically refers to using an asset as collateral while retaining ownership and use of it. 'Pledge' directly captures this meaning of offering security.