mortgage

mortgage
mort|gage1 W3 [ˈmo:gıdʒ US ˈmo:r-] n
[Date: 1300-1400; : Old French; Origin: mort 'dead' + gage 'promise']
1.) a legal arrangement by which you borrow money from a bank or similar organization in order to buy a house, and pay back the money over a period of years
Your building society or bank will help arrange a mortgage.
They've taken out a 30 year mortgage (=they will pay for their house over a period of 30 years) .
We decided to use Fred's redundancy money to pay off the mortgage (=pay back all the money we borrowed for a mortgage) .
Mortgage rates are set to rise again in the spring.
She was having trouble meeting her mortgage payments .
2.) the amount of money you borrow in the form of a mortgage
If you earn £20,000 per year, then you may be able to get a mortgage of £60,000.
mortgage 2
mortgage2 v [T]
1.) if you mortgage your home, land, or property, you borrow money, usually from a bank, and if you cannot pay back the money within a particular period of time, the bank has the right to sell your property in order to get the money you owe it
We mortgaged our house to start Paul's business.
2.) mortgage the/sb's future
to borrow money or do something that is likely to cause problems in the future, that other people will have to deal with
The report explains how governments are mortgaging their nations' futures.

Dictionary of contemporary English. 2013.

Игры ⚽ Поможем написать курсовую
Synonyms:
(for the payment of a debt)


Look at other dictionaries:

  • Mortgage — (ипотека) право получить удовлетворение за счет недвижимости, выступающей в качестве обеспечения кредита …   Ипотека. Словарь терминов

  • mortgage — mort·gage 1 / mȯr gij/ n [Anglo French, from Old French, from mort dead (from Latin mortuus ) + gage security] 1 a: a conveyance of title to property that is given to secure an obligation (as a debt) and that is defeated upon payment or… …   Law dictionary

  • Mortgage — Mort gage (m[^o]r g[asl]j; 48), n. [F. mort gage; mort dead (L. mortuus) + gage pledge. See {Mortal}, and {Gage}.] 1. (Law) A conveyance of property, upon condition, as security for the payment of a debt or the preformance of a duty, and to… …   The Collaborative International Dictionary of English

  • Mortgage — kann bezeichnen: Mortgage (England und Wales), eine Sicherheit für eine Forderung nach englischem Recht Mortgage (Vereinigte Staaten), eine Sicherheit für eine Forderung nach US amerikanischem Recht Mort gage, in der französischen… …   Deutsch Wikipedia

  • mortgage — [môr′gij] n. [OFr morgage, mort gage, lit., dead pledge < mort, dead (see MORT1) + gage,GAGE1] 1. a) the pledging of property to a creditor as security for the payment of a debt b) such a debt 2 …   English World dictionary

  • mortgage — Note the spelling with t . The lender in a mortgage contract is called the mortgagee, and the borrower the mortgager (or in legal work, mortgagor) …   Modern English usage

  • Mortgage — Mort gage, v. t. [imp. & p. p. {Mortgaged}; p. pr. & vb. n. {Mortgaging}.] 1. (Law) 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 Collaborative International Dictionary of English

  • mortgage — An interest given on real property to guarantee the payment of a debt or execution of some action. (Dictionary of Canadian Bankruptcy Terms) United Glossary of Bankruptcy Terms 2012 …   Glossary of Bankruptcy

  • mortgage — (izg. mòrgidž) m DEFINICIJA term. poseban pravni institut engleskoga prava; hipoteka, zalog, založena imovina ETIMOLOGIJA engl. ← stfr. ← mort: mrtav (← lat. mortuus: mrtav) + gage: zalog, jamstvo …   Hrvatski jezični portal

  • mortgage — [n] loan agreement contract, debt, deed, homeowner’s loan, pledge, title; concept 332 …   New thesaurus

  • mortgage — ► NOUN 1) a legal agreement by which a person takes out a loan using as security real property (usually a house which is being purchased). 2) an amount of money borrowed or lent under such an agreement. ► VERB ▪ transfer the title to (a property) …   English terms dictionary

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