0 past simple and past participle of hock
1 to sell something that you hope to buy back later because you need money now:
Because of that, small firms that had hocked their businesses and their homes to extend their commercial activities went down the pan.
We may be compared with an ancient aristocratic family that has been living above its means for a long time and has already hocked the silver to pay the butler.
Since 15th century the properties have often been leased, gifted or hocked to the members of nobility.