Tax Glossary Definition
Hypothecation – A financial arrangement where a borrower pledges an asset as security for a loan while retaining ownership and possession, allowing the lender to claim the asset in case of default.
Example: In a car loan, the car itself is hypothecated as collateral without transferring ownership to the bank
Discover why we're one of India's most trusted Pro Tax Filers, built on a foundation of accuracy and reliability.
We ensure maximum tax benefits.
Taxes? Handled by our CAs and experts.
Reliable, year-round tax support at no cost.
Satisfaction or your money back came twice.
Mobile App Available on: