Pronunciation: (hī-poth'ik, hi-), [key]
1. Roman and Civ. Law.a mortgage or security held by a creditor on the property of a debtor without possession of it, created either by agreement or by operation of law.
2. (in some modern legal systems) a security interest created in immovable property.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.