MORTGAGE
\mˈɔːɡɪd͡ʒ], \mˈɔːɡɪdʒ], \m_ˈɔː_ɡ_ɪ_dʒ]\
Definitions of MORTGAGE
- 2010 - New Age Dictionary Database
- 1913 - Webster's Revised Unabridged Dictionary
- 2010 - Legal Glossary Database
- 1919 - The Winston Simplified Dictionary
- 1899 - The american dictionary of the english language.
- 1894 - The Clarendon dictionary
- 1919 - The Concise Standard Dictionary of the English Language
- 1871 - The Cabinet Dictionary of the English Language
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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.
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State of being pledged; as, lands given in mortgage.
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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.
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Hence: To pledge, either literally or figuratively; to make subject to a claim or obligation.
By Oddity Software
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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.
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State of being pledged; as, lands given in mortgage.
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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.
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Hence: To pledge, either literally or figuratively; to make subject to a claim or obligation.
By Noah Webster.
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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.
By Oddity Software
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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.
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To make over (property, etc.), as security to one to whom a debt is owed; to pledge.
By William Dodge Lewis, Edgar Arthur Singer
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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.
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To pledge, as security for a debt.
By Daniel Lyons
By William Hand Browne, Samuel Stehman Haldeman
By James Champlin Fernald
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n. [French] A conveyance of an estate in fee, granted in security of money borrowed, but redeemable on conditions of repayment within a certain time;- a pledge or pawn of goods or chattels as security for a debt;- the state of being under pledge or security.
