33+ what does the word mortgage mean

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Web an agreementthat allowsyou to borrowmoneyfrom a bankor similarorganization especiallyin orderto buya house or the amountof moneyitself.

. Web mortgage in American English ˈmɔrgɪdʒ noun 1. Shows that a deed was intended only as a. A conveyance of title to property that is given to secure an obligation as a debt and that is defeated upon payment or performance according to stipulated terms.

Web The Word Mortgage Literally Means Death Pledge Home Personal Finance The origins of the word mortgage will make you think twice about buying a house Libby Kane CFEI. Web The word comes from Old French morgage literally dead pledge from mort dead and gage pledge. Web The word mortgage is French in origin And literally means death pledge in their native language Yet the French use a different word for mortgage they say hypothèque Go.

Web mortgage countable and uncountable plural mortgages A special form of secured loan where the purpose of the loan must be specified to the lender to purchase. Lock Your Rate Today. This means that it will be in force until deathof the loan not the borrower.

Ad 10 Best Home Loan Lenders Compared Reviewed. They took outa 400000 mortgage. Web mortgage ˈmɔːɡɪdʒ noun an agreement under which a person borrows money to buy property esp a house and the lender may take possession of the property.

Ive heard that the word mortgage is derived from Latin words translating into Death Lock. Web A mortgage is a death pledge. Web A mortgage is of course a legal agreement where a person borrows money to purchase a property and then pays it back over a set period of years.

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Web mortgage n late 14c morgage a conveyance of property on condition as security for a loan or agreement from Old French morgage 13c mort gaige. The pledging of property to a creditor as security for the payment of a debt b. A legal agreement by which a bank or other creditor lends money at interest in exchange for taking title of the debtors property with the condition.

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Another common French loan-word in the same vein is. Web Merriam-Webster defines the word mortgage as a conveyance of or lien against property as for securing a loan that becomes void upon payment or performance according to. Such a debt 2.

Ad Compare Loan Options Calculate Payments Get Quotes - All Online. The document specifying the terms and conditions of the repayment of. You can also use it to purchase land or another type of real estate.

According to the online etymology dictionary it is so called. Web In Latin mortus or mortuus means dead Gage stems from the early German vocabulary which translates in old French to pledge When brought together. Web mortgage ˈmôrɡij.

A loan for the purchase of real property secured by a lien on the property. 1 of 2 noun. The deed by which this.

Web According to Investopedia a mortgage is a type of loan used to purchase a home. Ad Top Home Loans.

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