hock noun - definition in the Business English Dictionary - Cambridge Dictionaries Online

Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “hock”

See all translations

hock

noun [U]
 
 
/hɒk/ informal
in hock (to sb/sth) in debt: Most construction firms are deeply in hock to a single bank rather than to a handful of lenders. possessions that are in hock are pawned (= left temporarily with someone in exchange for an amount of money that must be paid back after a particular period of time to prevent the thing from being sold): He put everything he had in hock to buy the house, and still ended up owing money.
go into/get out of hock to get into or get out of debt: Until we either curb our appetite for imports or become a lot better at exporting, the more we trade the deeper we go into hock Few believe that any legal action can yield the billions that the company needs to get out of hock.
(Definition of hock noun from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of hock?
Add Cambridge dictionaries to your browser to your website

More Business English definitions for “hock”

Definitions of “hock” in other dictionaries

Word of the Day

generous

willing to give money, help, kindness, etc., especially more than is usual or expected

Word of the Day

May I sit here? Asking for and giving permission.

by Liz Walter,
June 03, 2015
We often find ourselves in situations where we need to ask for permission or to reply to people who ask us for permission. Here are some words and phrases to help you do this in a natural way. The simplest way to ask for permission is with the modal verb can: Can

Read More 

ebolaphobia noun

June 01, 2015
irrational fear of the (spread of) the Ebola virus Ebolaphobia Going Viral

Read More