Mortgage - English meaning
Mortgage – definitions in English dictionary
nounA legal agreement by which a bank, building society, etc. lends money at interest in exchange for taking title of the debtor's property, with the condition that the conveyance of title becomes void upon the payment of the debt.
Usage examples:
I put down a hundred thousand in cash and took out a mortgage for the rest
verbConvey (a property) to a creditor as security on a loan.
Usage examples:
The estate was mortgaged up to the hilt
Mortgage translation into English
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Word origin
late Middle English: from Old French, literally ‘dead pledge’, from mort (from Latin mortuus ‘dead’) + gage ‘pledge’.
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