mort·gage (môr g j)n. 1. A temporary, conditional pledge of property to a creditor as security for performance of an obligation or repayment of a debt. 2. A contract or deed specifying the terms of a mortgage. 3. The claim of a mortgagee upon mortgaged property. tr.v. mort·gaged, mort·gag·ing, mort·gag·es 1. To pledge or convey (property) by means of a mortgage. 2. To make subject to a claim or risk; pledge against a doubtful outcome: mortgaged their political careers by taking an unpopular stand. Word History: The great jurist Sir Edward Coke, who lived from 1552 to 1634, has explained why the term mortgage comes from the Old French words mort, "dead," and gage, "pledge." It seemed to him that it had to do with the doubtfulness of whether or not the mortgagor will pay the debt. If the mortgagor does not, then the land pledged to the mortgagee as security for the debt "is taken from him for ever, and so dead to him upon condition, &c. And if he doth pay the money, then the pledge is dead as to the [mortgagee]." This etymology, as understood by 17th-century attorneys, of the Old French term morgage, which we adopted, may well be correct. The term has been in English much longer than the 17th century, being first recorded in Middle English with the form morgage and the figurative sense "pledge" in a work written before 1393. |
mortgage (md)
1. (Banking & Finance) an agreement under which a person borrows money to buy property, esp a house, and the lender may take possession of the property if the borrower fails to repay the money
2. (Banking & Finance) the deed effecting such an agreement
3. (Banking & Finance) the loan obtained under such an agreement: a mortgage of £48 000.
4. (Banking & Finance) a regular payment of money borrowed under such an agreement: a mortgage of £247 per month.
5. (Banking & Finance) to pledge (a house or other property) as security for the repayment of a loan
6. (Banking & Finance) of or relating to a mortgage: a mortgage payment.
[C14: from Old French, literally: dead pledge, from mort dead + gage security, gage1]
mortgageable adjmortgage (mr gd)
n., v. -gaged, -gaging. n.
1. a conveyance of an interest in property as security for the repayment of money borrowed.
2. the deed by which such a transaction is effected.
3. the rights conferred by it, or the state of the property conveyed.
v.t.4. to convey or place (property) under a mortgage.
5. to place under advance obligation; pledge.
mortgageable, adj.
mortgage
1. the giving of property, usually real property, as security to a creditor for payment of a debt.
2. the deed pledging the security.
mortgage
Past participle: mortgaged
Gerund: mortgaging
| Imperative |
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| mortgage |
| mortgage |
Thesaurus Legend: Synonyms Related Words Antonyms
Translations
mortgage:
a legal agreement by which a sum of money is lent for the purpose of buying buildings, land etc. verband hipoteca hypotéka die Hypothek prioritetslån hipoteca hüpoteek kiinnelaina hypothèque , hipoteka jelzálog(kölcsön) hipotek veð ipoteca () hipoteka, nekilnojamojo turto keitimas hipotka gadai janji hypotheek pant i fast eiendom, (første/annen) prioritet hipoteka hipoteca ipotec , hypotéka hipoteka hipoteka inteckning, hypotek ipotek ; vn t th chp hipoteca
verbto offer (buildings etc) as security for a loan. verpand hipotecar zastavit (nemovitost) verpfänden belåne hipotecar hüpoteekima kiinnittää hypothéquer zaloiti jelzáloggal terhel menghipotekkan veðsetja ipotecare u paskol keisti nekilnojamj turt ielt menggadai janji verhypothekeren belåne, oppta pantelån på odda w zastaw hipoteczny hipotecar a ipoteca zaai hypotékou obremeniti s hipoteko staviti pod hipoteku inteckna ipotek etmek th chp hipotecar
mortgage , hypotéka , zatíit hypotékou belåne , prioritetslån Hypothek , hypothekarisch belasten , hipoteca , hipotecar asuntolaina , kiinnittää asuntolainalla hypothéquer , prêt immobilier hipoteka , staviti pod hipoteku ipotecare , mutuo , , hypotheek , hypothekeren belåne , pantelån odda w zastaw hipoteczny , zastaw hipoteczny hipoteca , hipotecar , inteckna , inteckningslån , konut kredisi , konut kredisi almak th chp ,
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