👉 In the legal context, hypothecation refers to an agreement or contract that allows a third party, known as a "hypothesi" (hypothetical), to use property or services of another person without their consent. This is often used in situations where one person's interest may be more important than their own. In simpler terms, hypothecation is when someone uses another person's property or service without their permission and still retains the right to claim ownership over it. It can be

hypothecation