HYPOTHEC

In Scotland, the term “hypothec” is used to signify the landlord’s right which, independently of any stipulation, he has over the crop and stocking of his tenant. It gives a security to the landlord over the crop of each year for the lent of that year, and over the cattle and stocking on the farm for the current year’s rent, which last continues for three months after the last conventional term for the payment of the rent. Bell.