Meaning Of The Word Mortgage
What's the definition of Mortgage? Find Mortgage meanings, definitions and more at the Real Dictionary online.
Mortgage Meaning
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What's The Definition Of Mortgage?
mortgage
A mortgage is a loan of money which you get from a bank or building society in order to buy a house. mortgage in American English the pledging of property to a creditor as security for the payment of a debt to pledge (property) by a mortgage noun: a conveyance of an interest in property as security for the repayment of money borrowed transitive verb: to convey or place (real property) under a mortgage mortgage in British English to pledge (a house or other property) as security for the repayment of a loan adjective: of or relating to a mortgage noun: an agreement under which a person borrows money to buy property, esp a house, and the lender may take possession of the property if the borrower fails to repay the money |
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