Definitions of mortgage

  1. Hence: To pledge, either literally or figuratively; to make subject to a claim or obligation.
  2. To make over ( property, etc.), as security to one to whom a debt is owed; to pledge.
  3. To pledge, as security for a debt.
  4. To pledge by mortgage.
  5. To make over ( property) by mortgage; pledge.
  6. 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.
  7. A loan in which the borrower puts up the title to real estate as security ( collateral) for a loan. If the borrower doesn't pay back the debt on time, the lender can foreclose on the real estate and have it sold to pay off the loan.
  8. To grant an estate in fee as security for money lent, and contracted to be paid at a certain time; to pledge.
  9. To convey or make over, as property to a creditor in security for a debt; to pledge; to put to pledge.
  10. 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.
  11. State of being pledged; as, lands given in mortgage.
  12. A giving over of property, as security for the payment of a debt, to become void when the debt is paid; as, a mortgage on a house; the legal paper making such a pledge of property.
  13. A conveyance of property, as security for a debt, which is lost or becomes dead to the debtor if the money is not paid on a certain day: the state of being pledged.
  14. A pledge of property as security for a loan.
  15. The temporary grant or pledge of an estate as security for the payment of a debt.
  16. The grant of lands or houses to a creditor in security for the repayment of his money, with the condition that in case of non- payment at a certain time the estate becomes dead- that is, passes wholly into the hands of the creditor; state of being pledged.