Definition of hypothecation certificate
: a certificate attached to a bill of exchange empowering the holder to dispose of merchandise if payment or acceptance is refused
— called also letter of hypothecation
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“Hypothecation certificate.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/hypothecation%20certificate. Accessed 6 Mar. 2021.
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