Definition of mortgage

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Mortgage (n.) State of being pledged; as, lands given in mortgage..

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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..
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.
Encumber :: Encumber (v. t.) To load with debts, or other legal claims; as, to encumber an estate with mortgages..
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..
Mortgagee :: Mortgagee (n.) The person to whom property is mortgaged, or to whom a mortgage is made or given..
Mortgagor :: Mortgagor (n.) One who gives a mortgage.
Stranger :: Stranger (n.) One not privy or party an act, contract, or title; a mere intruder or intermeddler; one who interferes without right; as, actual possession of land gives a good title against a stranger having no title; as to strangers, a mortgage is considered merely as a pledge; a mere stranger to the levy..
Mortgaged :: Mortgaged (imp. & p. p.) of Mortgag.
Dismortgage :: Dismortgage (v. t.) To redeem from 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..
Foreclosure :: Foreclosure (n.) The act or process of foreclosing; a proceeding which bars or extinguishes a mortgager's right of redeeming a mortgaged estate.
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..
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..
Mortgage :: Mortgage (n.) State of being pledged; as, lands given in mortgage..
Mortgager :: Mortgager (n.) gives a mortgage.
Vadium :: Vadium (n.) Pledge; security; bail. See 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..
Wadset :: Wadset (n.) A kind of pledge or mortgage.
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..
Unincumbered :: Unincumbered (a.) Free from any temporary estate or interest, or from mortgage, or other charge or debt; as, an estate unincumbered with dower..
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