Mortgage
Word | MORTGAGE |
Character | 8 |
Hyphenation | mort gage |
Pronunciations | /ˈmɔː.ɡɪdʒ/ |
Definitions and meanings of "Mortgage"
What do we mean by mortgage?
A loan for the purchase of real property, secured by a lien on the property. noun
The document specifying the terms and conditions of the repayment of such a loan. noun
The repayment obligation associated with such a loan. noun
The right to payment associated with such a loan. noun
The lien on the property associated with such a loan. noun
To pledge (real property) as the security for a loan. transitive verb
To make subject to a claim or risk; pledge against a doubtful outcome. transitive verb
At common law (and according to the present rule in some of the United States, and in form in nearly all, if not all, the States), a conveyance of real estate or some interest therein, defeasible upon the payment of money or the performance of some other condition. noun
By the law of most of the United States, a lien or charge upon specific property, real or personal, created by what purports to be an express transfer of title, with or without possession, but accompanied by a condition that the transfer shall be void if in due time the money be paid or the thing done to secure which the transfer is given. noun
A state or condition resembling that of mortgaged property. noun
To grant (land, houses, or other immovable property) as security for money lent or contracted to be paid, or other obligation, on condition that if the obligation shall be discharged according to the contract the grant shall be void, otherwise it shall remain in full force. See mortgage, n., 1.
To pledge; make liable; put to pledge; make liable for the payment of any debt or expenditure; put in a position similar to that of being pledged.
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. transitive verb
Hence: To pledge, either literally or figuratively; to make subject to a claim or obligation. transitive verb
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. noun
State of being pledged. noun
See under Chattel. noun
See under Foreclose. noun
A deed given by way of mortgage. noun
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. noun
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.
State of being pledged.
Middle class slavery. Investment bankers buy your home loans and manage you like cattle to make even more undeserved money. For some reason people are satisfied with the illusion that they own a small plot of land with a small box on it. Sure you can make a profit if you know how to flip real estate, but good luck paying your sub-prime mortgage with the job you just loss thanks to this fucked up economy. Urban Dictionary
Possible root from the French verb "mourir" meaning to die. The English word "mortgage" refers a home owner's loan that is usually with you until you die. Usage of the French root is supposed to make it sound fancier than "loan" - but it doesn't really. Urban Dictionary
Another name for your wife or husband. Urban Dictionary
A legally binding contract that allows a financial institution to rape you every month for the next 20-30 years. In return, you get the privilege of maintaining a dwelling out of your own pocket without actually owning it. Urban Dictionary
That weight around your neck that will never be alleviated until you (1) DIE or (2) eventually pay off by the time you are 107. Urban Dictionary
1) A loan against your property 2) Something that a homeowner might possess in his bid to own a home good and proper. Often to alleviate damage to his property incurred through it being 'owned' Urban Dictionary
The only reason you own a home. Urban Dictionary
A slang expression based on the length of time of financing for the average home loan, generally 15 to 30 years, used to denote a specific period of time generally associated with a lengthy jail or prison sentence. Urban Dictionary
To be completely drunk Urban Dictionary
1. A golden mortgage occurs when a bank or mortgage company allows the homeowner to sell their property for an amount that is lower than what is owed on the loan, then micturates on the newly dispossessed homeowner. 2. Rejected title revision for a song by a New York City rock band that takes its name from audio compressor settings. 3. A charge widely believed to be included in a sealed indictment against the R&B singer/songwriter R. Kelly. Urban Dictionary
Synonyms and Antonyms for Mortgage
- Antonyms for mortgage
- Mortgage antonyms not found!
The word "mortgage" in example sentences
Cross Reference for Mortgage
What does mortgage mean?
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