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There's a word for that mental accounting: hypothecation.
by caf 11y ago
There's a word for that mental accounting: hypothecation.
- corin_ 11y agoSimilar (kind of) concept but hypothecation is about collateral, not mental accounting, unless it has a second, different meaning too?
- caf 11y agoYes, there's a second meaning in relation to taxes / revenue where a particular tax or revenue source is notionally allocated to a particular set of spending.