What does mortgage mean?

Definitions for mortgage
ˈmɔr gɪdʒmort·gage

Here are all the possible meanings and translations of the word mortgage.

Princeton's WordNet

  1. mortgageverb

    a conditional conveyance of property as security for the repayment of a loan

  2. mortgageverb

    put up as security or collateral

Wiktionary

  1. 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.

    Etymology: From mortgage, mortgage, from mort gage, after mortuum vadium.

  2. 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.

Webster Dictionary

  1. 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

    Etymology: [F. mort-gage; mort dead (L. mortuus) + gage pledge. See Mortal, and Gage.]

  2. Mortgagenoun

    state of being pledged; as, lands given in mortgage

    Etymology: [F. mort-gage; mort dead (L. mortuus) + gage pledge. See Mortal, and Gage.]

  3. 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

    Etymology: [F. mort-gage; mort dead (L. mortuus) + gage pledge. See Mortal, and Gage.]

  4. 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

  1. 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

  1. 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

  1. MORTGAGE

    From Fr. _mort_, death, and Eng. _gag_, to choke. A lawyer's invention for choking property to death.

Dictionary of Nautical Terms

  1. 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

  1. 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

  1. Spoken Corpus Frequency

    Rank popularity for the word 'mortgage' in Spoken Corpus Frequency: #3696

  2. Written Corpus Frequency

    Rank popularity for the word 'mortgage' in Written Corpus Frequency: #1753

  3. Nouns Frequency

    Rank popularity for the word 'mortgage' in Nouns Frequency: #1265

How to pronounce mortgage?

How to say mortgage in sign language?

Numerology

  1. Chaldean Numerology

    The numerical value of mortgage in Chaldean Numerology is: 2

  2. Pythagorean Numerology

    The numerical value of mortgage in Pythagorean Numerology is: 5

Examples of mortgage in a Sentence

  1. Nina Hatvany:

    Interest rates are fabulously low, everyone would like a mortgage so they can keep their cash and do something more productive with it. It is just a matter of, How do I win in this competition ?

  2. Bob Jordan:

    I'm very fortunate that I made my decision to quit before the big dollar seasons had arrived, if I had waited until the 1980s I would have been hooked with an expensive boat mortgage and stuck in a shrinking industry.

  3. Civil Defense Administrator Talmadge Magno:

    My beautiful house -- gorgeous, custom home, paid for. No mortgage, which is awesome. ... I took a walk around my house, videotaped my house and pretty much said goodbye.

  4. Kendall Coffey:

    Ten percent is a premium you pay a surety company, or bail bondsman, Coffey said. To get a bond in almost all cases you have to be able to fully collateralize that $150,000, meaning that either George Zimmerman or his parents have to come up with a $150,000 second mortgage on their house or from a bank. The bonding company is not a charity. They stand to lose the money. They have more than just fugitive hunters [to track down a defendant who flees.] They get collateral up front.

  5. Emily Callander:

    In our analysis we did take into consideration other factors, such as age, being married or in a de facto relationship as opposed to being single, being a home owner as opposed to renting or having a mortgage, and whether the person lived in a major city, an inner regional area or a rural area, however, even after considering all these other factors, being diagnosed with arthritis still leads to an increased risk of poverty.

Images & Illustrations of mortgage

  1. mortgagemortgagemortgagemortgagemortgage

Popularity rank by frequency of use

mortgage#1#1085#10000

Translations for mortgage

From our Multilingual Translation Dictionary

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