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Rehypothecation

Defined in 1 dictionary — Bouvier (1914)

Bouvier's Law Dictionary and Concise Encyclopedia

John Bouvier; revised by Francis Rawle · 1914

See Pledge; Stock Broker. REI INTERVENTUS (Lat.). When a party is imperfectly bound in an obligation, he may, in general, annul such imperfect obligation; but when he has permitted the opposite party to act as if his obligation or agreement were complete, such things have intervened as to deprive him of the right to rescind such obligation: these circumstances are the ret interventus; 1 Bell, Com., 5th ed. 328, 329; Burton, Man. 128.