What does MORTGage mean?
Definitions for MORTGage
ˈmɔr gɪdʒmort·gage
This dictionary definitions page includes all the possible meanings, example usage and translations of the word MORTGage.
Princeton's WordNet
mortgageverb
a conditional conveyance of property as security for the repayment of a loan
mortgageverb
put up as security or collateral
Wiktionary
mortgagenoun
A special form of secured loan where the purpose of the loan must be specified to the lender, to purchase assets that must be fixed (not movable) property such as a house or piece of farm land. The assets are registered as the legal property of the borrower but the lender can seize them and dispose of them if they are not satisfied with the manner in which the repayment of the loan is conducted by the borrower. Once the loan is fully repaid, the lender loses this right of seizure and the assets are then deemed to be unencumbered.
We're renting a property in the city centre because we can't afford to get a mortgage yet.
mortgageverb
As in "to mortgage a property", to borrow against a property, to obtain a loan for another purpose by giving away the right of seizure to the lender over a fixed property such as a house or piece of land.
Etymology: From mortgage, mortgage, from mort gage, after mortuum vadium.
Samuel Johnson's Dictionary
Mortgagenoun
Etymology: mort and gage, French.
Th’ estate runs out, and mortgages are made,
Their fortune ruin’d, and their fame betray’d. Dryden.The Romans do not seem to have known the secret of paper credit, and securities upon mortgages. Arbuthnot.
The broker,
Bent on some mortgage, to avoid reproach,
He seeks bye-streets, and saves th’ expensive coach. John Gay.The land is given in mortgage only, with full intention to be redeemed within one year. Francis Bacon, Office of Alienation.
To Mortgageverb
To pledge; to put to pledge; to make over to a creditor as a security.
Etymology: from the noun.
Let men contrive how they disentangle their mortgaged souls. Decay of Piety.
They make the widows mortgag’d ox their prey. George Sandys.
Their not abating of their expensive way of living, has forced them to mortgage their best manors. Arbuthnot.
ChatGPT
mortgage
A mortgage is a legal agreement or loan contract, in which a bank or financial institution lends money to a borrower, typically to buy property or real estate. The borrower agrees to pay back the loan, plus interest, over a set period of time, and the property or real estate is used as collateral or security for the loan. If the borrower fails to repay the loan, the lender has the right to take possession of the property.
Webster Dictionary
Mortgagenoun
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
Mortgagenoun
state of being pledged; as, lands given in mortgage
Mortgageverb
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
Mortgageverb
hence: To pledge, either literally or figuratively; to make subject to a claim or obligation
Etymology: [F. mort-gage; mort dead (L. mortuus) + gage pledge. See Mortal, and Gage.]
Chambers 20th Century Dictionary
Mortgage
mor′gāj, n. a conditional conveyance of or lien upon land or other property as security for the performance of some condition, as the payment of money, becoming void on the performance of the condition: the act of conveying, or the deed effecting it.—v.t. to pledge as security for a debt.—ns. Mortgagee′, one to whom a mortgage is made or given; Mort′gager. [O. Fr., mort, dead, gage, a pledge.]
The Nuttall Encyclopedia
Mortgage
a deed conveying property to a creditor as security for the payment of a debt, the person to whom it is given being called the Mortgagee.
The Foolish Dictionary, by Gideon Wurdz
MORTGAGE
From Fr. _mort_, death, and Eng. _gag_, to choke. A lawyer's invention for choking property to death.
Dictionary of Nautical Terms
mortgage
A registered ship, or share therein, which has been made a security for a money-loan, or other valuable consideration, is termed a mortgage in the Merchant Shipping Act.
Suggested Resources
mortgage
This free and simple mortgage calculator lets you estimate your monthly house payment, including principal and interest, taxes and insurance costs.
Matched Categories
British National Corpus
Spoken Corpus Frequency
Rank popularity for the word 'MORTGage' in Spoken Corpus Frequency: #3696
Written Corpus Frequency
Rank popularity for the word 'MORTGage' in Written Corpus Frequency: #1753
Nouns Frequency
Rank popularity for the word 'MORTGage' in Nouns Frequency: #1265
Numerology
Chaldean Numerology
The numerical value of MORTGage in Chaldean Numerology is: 2
Pythagorean Numerology
The numerical value of MORTGage in Pythagorean Numerology is: 5
Examples of MORTGage in a Sentence
If you're still getting a paycheck, what's the point of stopping contributions to get a little more cash? It's not like your cost of living is going up - your mortgage and utilities, are, for the most part, still very close to amount you paid last month.
I always suggest clients consolidate it in the form of good debt, like a mortgage on your primary residence, you are borrowing against an appreciating asset, you don't have to worry about inflation increasing the payment, and the interest is deductible. As long as this debt is a small portion of your net worth, it is okay to play a little arbitrage, especially considering stock market risk, where a sudden decline could leave older investors very vulnerable.
If the new rate is 75 basis points( 0.75 %) lower than the current rate, that it's generally going to be worth it to refinance after the costs of the refi, if you're planning to stay in your home, run the numbers to see if it makes sense to refi from a 30 - to a 15-year mortgage as well.
These families are worried about whether their loved ones are going to come home, and all too often, they don't come home, because they're murdered in the street, protecting us, at the Tunnel to Towers Foundation, we made a promise to every law enforcement member in America, that if you go out, you give your kids a kiss good-bye and you don't come home, we're going to take care of your family. We're going to give them a mortgage, a mortgage-free home. We're proud of that work.
Mortgage application activity sunk to a quarter-century low this week as high mortgage rates continue to weaken the housing market, while mortgage market activity has significantly shrunk over the last year, inflationary pressures are easing and should lead to lower mortgage rates in 2023.
Popularity rank by frequency of use
References
Translations for MORTGage
From our Multilingual Translation Dictionary
- رهن عقاري, رهنArabic
- ipotekaAzerbaijani
- ипотеки́рам, ипоте́каBulgarian
- hipoteca, hipotecarCatalan, Valencian
- hypotékaCzech
- gwystloriaeth, arwystlo, morgeisio, morgaisWelsh
- pantDanish
- eine Hypothek aufnehmen, Hypothek, verpfändenGerman
- υποθηκεύω, υποθήκηGreek
- hipoteki, hipotekoEsperanto
- hipoteca, hipotecarSpanish
- hipoteka, hipotekatuBasque
- kiinnelaina, kiinnittää, asuntolainaFinnish
- hypothèque, hypothéquerFrench
- morgáisteIrish
- morgaidseScottish Gaelic
- hipoteca, hipotecarGalician
- gioaldeeaghtManx
- משכן, משכנתאHebrew
- jelzálogHungarian
- հիպոթեկArmenian
- hypothecar, hypothecaInterlingua
- hipotekizar, hipotekoIdo
- ipotecare, ipotecaItalian
- 抵当, 抵当権, 住宅ローンJapanese
- იპოთეკაGeorgian
- ипотекаKazakh
- marwostla, marwostelCornish
- ипотекаKyrgyz
- hypothecaLatin
- Hypothéik, hypothekéierenLuxembourgish, Letzeburgesch
- ipotekaLithuanian
- hipotēkaLatvian
- mōketeMāori
- ipotekaMaltese
- hypothekeren, lijfrente afsluiten, verpanden, hypotheekDutch
- hypothekNorwegian
- empenhoradura, emprecairar, emprecairadaOccitan
- obciążać hipotekę, hipotekaPolish
- hipotecar, hipotecaPortuguese
- prender, ipotecaRomansh
- ipotecăRomanian
- ипоте́каRussian
- хипотека, hipotekaSerbo-Croatian
- hypotékaSlovak
- zastaviti, zastavitev, hipotekaSlovene
- hipotekë, hipotekojAlbanian
- inteckna, hypotekSwedish
- гаравпулӣTajik
- ipotek, tutu, ipotek vermek, rehin, rehin vermek, tutu vermekTurkish
- ипотекаTatar
- іпоте́каUkrainian
- ipotekaUzbek
- 抵押Chinese
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