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In this video, the speaker introduces the concept of hypothecation, which refers to the practice of using an asset as collateral for a loan. They explain that an example of hypothecation occurs when someone takes out a mortgage, where the property itself serves as security against the loan. The speaker expresses enthusiasm to share insights about hypothecation, emphasizing its relevance to everyday life and financial literacy. They aim to provide valuable information that aids viewers in achieving financial freedom and building wealth. The video sets out to explore the meaning and practical applications of hypothecation.
