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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
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..
Mortgage
::
Mortgage
(n.) State of being
pledged;
as, lands given in
mortgage..
Carry
::
Carry (v. t.) To bear the
charges
or
burden
of
holding
or
having,
as
stocks,
merchandise,
etc., from one time to
another;
as, a
merchant
is
carrying
a large
stock;
a farm
carries
a
mortgage;
a
broker
carries
stock for a
customer;
to carry a life
insurance..
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..
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..
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..
Foreclosure
::
Foreclosure
(n.) The act or
process
of
foreclosing;
a
proceeding
which bars or
extinguishes
a
mortgager's
right of
redeeming
a
mortgaged
estate.
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..
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..
Unincumbered
::
Unincumbered
(a.) Free from any
temporary
estate
or
interest,
or from
mortgage,
or other
charge
or debt; as, an
estate
unincumbered
with
dower..
Mortgagor
::
Mortgagor
(n.) One who gives a
mortgage.
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..
Wadset
::
Wadset
(n.) A kind of
pledge
or
mortgage.
Redeem
::
Redeem
(v. t.) To
recall,
as an
estate,
or to
regain,
as
mortgaged
property,
by
paying
what may be due by force of the
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..
Mortgage
::
Mortgage
(v. t.)
Hence:
To
pledge,
either
literally
or
figuratively;
to make
subject
to a claim or
obligation..
Dismortgage
::
Dismortgage
(v. t.) To
redeem
from
mortgage.
Dip
::
Dip (v. t.) To
engage
as a
pledge;
to
mortgage.
Mortgagee
::
Mortgagee
(n.) The
person
to whom
property
is
mortgaged,
or to whom a
mortgage
is made or
given..
Mortgageor
::
Mortgageor
(n.) Alt. of
Mortgago.
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