The pledging of real or personal property as security. thus, an action of pledging property such as accounts receivable.
Insurance Encyclopedia
Hypothecation
the establishment, by statute or contract, of a legal charge over a particular asset or group of assets as security for the performance of an obligation assumed under a contract or class of contracts.
HZ
HCPCS Level II modifier that may be used with CPT or HCPCS Level II codes indicating services or supplies funded by a criminal justice agency. This modifier may be required for state Medicaid programs, so check with your state guidelines.I