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Definition of mortgage
Thanks for using this online dictionary, we have been helping millions of people improve their use of the english language with its free online services. English definition of mortgage is as below...
Mortgage
(n.) 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..
Lern More About Mortgage
☛ Wiki Definition of Mortgage
☛ Wiki Article of Mortgage
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☛ Google Search for Mortgage
Re-demption
::
Re-demption
(n.) The
liberation
of an
estate
from a
mortgage,
or the
taking
back of
property
mortgaged,
upon
performance
of the terms or
conditions
on which it was
conveyed;
also, the right of
redeeming
and
reentering
upon an
estate
mortgaged.
See
Equity
of
redemption,
under
Equity..
Mortgage
::
Mortgage
(v. t.) 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..
Mortgage
::
Mortgage
(v. t.)
Hence:
To
pledge,
either
literally
or
figuratively;
to make
subject
to a claim or
obligation..
Mortgageor
::
Mortgageor
(n.) Alt. of
Mortgago.
Mortgagor
::
Mortgagor
(n.) One who gives a
mortgage.
Foreclosure
::
Foreclosure
(n.) The act or
process
of
foreclosing;
a
proceeding
which bars or
extinguishes
a
mortgager's
right of
redeeming
a
mortgaged
estate.
Bond
::
Bond (v. t.) To place under the
conditions
of a bond; to
mortgage;
to
secure
the
payment
of the
duties
on
(goods
or
merchandise)
by
giving
a bond.
Conveyancer
::
Conveyancer
(n.) One whose
business
is to draw up
conveyances
of
property,
as
deeds,
mortgages,
leases,
etc..
Conveyance
::
Conveyance
(n.) The act by which the title to
property,
esp. real
estate,
is
transferred;
transfer
of
ownership;
an
instrument
in
writing
(as a deed or
mortgage),
by which the title to
property
is
conveyed
from one
person
to
another..
Mortgaged
::
Mortgaged
(imp. & p. p.) of
Mortgag.
Hypothecate
::
Hypothecate
(v. t.) To
subject,
as
property,
to
liability
for a debt or
engagement
without
delivery
of
possession
or
transfer
of
title;
to
pledge
without
delivery
of
possession;
to
mortgage,
as
ships,
or other
personal
property;
to make a
contract
by
bottomry.
See
Hypothecation,
Bottomry..
Cover
::
Cover (v. t.) To
extend
over; to be
sufficient
for; to
comprehend,
include,
or
embrace;
to
account
for or
solve;
to
counterbalance;
as, a
mortgage
which fully
covers
a sum
loaned
on it; a law which
covers
all
possible
cases of a
crime;
receipts
than do not cover
expenses..
Mortgagee
::
Mortgagee
(n.) The
person
to whom
property
is
mortgaged,
or to whom a
mortgage
is made or
given..
Dismortgage
::
Dismortgage
(v. t.) To
redeem
from
mortgage.
Secure
::
Secure
(v. t.) To put
beyond
hazard
of
losing
or of not
receiving;
to make
certain;
to
assure;
to
insure;
--
frequently
with
against
or from,
rarely
with of; as, to
secure
a
creditor
against
loss; to
secure
a debt by a
mortgage..
Wadset
::
Wadset
(n.) A kind of
pledge
or
mortgage.
Dip
::
Dip (v. t.) To
engage
as a
pledge;
to
mortgage.
Mortgage
::
Mortgage
(n.) 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..
Equitable
::
Equitable
(a.) That can be
sustained
or made
available
or
effective
in a court of
equity,
or upon
principles
of
equity
jurisprudence;
as, an
equitable
estate;
equitable
assets,
assignment,
mortgage,
etc..
Execute
::
Execute
(v. t.) To
complete,
as a legal
instrument;
to
perform
what is
required
to give
validity
to, as by
signing
and
perhaps
sealing
and
delivering;
as, to
execute
a deed,
lease,
mortgage,
will, etc..
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