Topic: Banking & EconomicsWord 42 of 65
Quick Answer • Definition
Mortgage definition: A legal agreement where a bank or other creditor lends money at interest in exchange for taking title to the debtor's property as security, which is voided upon the full repayment of the debt.
Definitions of Mortgage
- 1noun
A legal agreement where a bank or other creditor lends money at interest in exchange for taking title to the debtor's property as security, which is voided upon the full repayment of the debt.
- 2verb
To pledge property, especially real estate, to a creditor as security for the repayment of a loan.
Example Sentences
Topics & Categories
Topic & ExploreInflected Word Forms
past participlemortgaged
present participlemortgaging
nounmortgagee
nounmortgagor
Phrases & Idiomatic Expressions
take out a mortgagecollocation
To arrange to borrow money for a mortgage.
pay off a mortgagecollocation
To repay the entire amount of a mortgage loan.
Frequently Asked Questions: Mortgage in English
What is the meaning of Mortgage in English?▼
Mortgage definition: A legal agreement where a bank or other creditor lends money at interest in exchange for taking title to the debtor's property as security, which is voided upon the full repayment of the debt.
How do you translate 'Mortgage' to English?▼
'Mortgage' translates to 'mortgage' in English. Mortgage definition: A legal agreement where a bank or other creditor lends money at interest in exchange for taking title to the debtor's property as security, which is voided upon the full repayment of the debt.
How do you pronounce 'Mortgage' and 'mortgage'?▼
Listen to clear English audio pronunciation of 'Mortgage' and native English audio speech for 'mortgage' with bilingual sentence examples on DictBridge.
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