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Taxonomy vs Hypothecation - What's the difference?

taxonomy | hypothecation |

As nouns the difference between taxonomy and hypothecation

is that taxonomy is the science or the technique used to make a classification while hypothecation is the use of property, or an existing mortgage, as security for a loan, etc or hypothecation can be (british) a tax levied for a specific expenditure.

taxonomy

Noun

(taxonomies)
  • The science or the technique used to make a classification.
  • A classification; especially , a classification in a hierarchical system.
  • (taxonomy, uncountable) The science of finding, describing, classifying and naming organisms.
  • Synonyms

    * alpha taxonomy

    Derived terms

    * folk taxonomy * scientific taxonomy

    See also

    * classification * rank * taxon * domain * kingdom * subkingdom * superphylum * phylum * subphylum * class * subclass * infraclass * superorder * order * suborder * infraorder * parvorder * superfamily * family * subfamily * genus * species * subspecies * superregnum * regnum * subregnum * superphylum * phylum * subphylum * classis * subclassis * infraclassis * superordo * ordo * subordo * infraordo * taxon * superfamilia * familia * subfamilia * ontology

    hypothecation

    English

    Etymology 1

    . (wikipedia hypothecation)

    Noun

    (en noun)
  • the use of property, or an existing mortgage, as security for a loan, etc.
  • Derived terms
    * rehypothecation

    Etymology 2

    Noun

    (en noun)
  • (British) A tax levied for a specific expenditure
  • *{{quote-book, 1984, John R. Butler & Michael S. B. Vaile, Health and Health Services: An Introduction to Health Care in Britain, isbn=0710099029, page=68 citation
  • , passage=It is, however, precisely here that the weakness of hypothecation lies, for governments are not likely readily to surrender control over the disposition of taxes they impose.}}
  • *{{quote-book, 2006, Dominic Maxwell, The Citizen's Stake, chapter=Towards a citizen's inheritance, page=49 citation
  • , passage=So, strict hypothecation is only advisable when the tax pays entirely and only for that spending programme
  • *{{quote-book, 2006, , Motivation, Agency, and Public Policy citation
  • , passage=Either way, effectively the government is simply using the hypothecated tax as part of general revenue, and the hypothecation is a sham.}}