mortgage

Speech parts

1. mortgage - Noun

2. mortgage - Verb

Meaning

A conveyance of property, upon condition, as security for the payment of a debt or the preformance of a duty, and to become void upon payment or performance according to the stipulated terms; also, the written instrument by which the conveyance is made.

State of being pledged; as, lands given in mortgage.

To grant or convey, as property, for the security of a debt, or other engagement, upon a condition that if the debt or engagement shall be discharged according to the contract, the conveyance shall be void, otherwise to become absolute, subject, however, to the right of redemption.

Hence: To pledge, either literally or figuratively; to make subject to a claim or obligation.

Synonyms

Antonyms

Hypernyms

Hyponyms

Related terms

Phrases with the word

Derivatives

Examples

American consumers might benefit if lenders provided greater mortgage product alternatives to the traditional fixed-rate mortgage. Alan Greenspan

No man can mortgage his injustice as a pawn for his fidelity. Edmund Burke

We will not, on the altar of money, mortgage our conscience, mortgage our faith, mortgage our salvation. Peter Akinola

The crash of 2008 was driven in no small part by unfair practices in the mortgage industry, which led to many consumers becoming trapped in loans they didn't understand and couldn't afford. Al Franken

If you're going to live in the house make it your goal to just pay off your mortgage. Suze Orman

Don't mortgage the future for the present. American Proverb

Close letter words and terms