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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..

Conveyancer :: Conveyancer (n.) One whose business is to draw up conveyances of property, as deeds, mortgages, leases, etc..

Foreclosure :: Foreclosure (n.) The act or process of foreclosing; a proceeding which bars or extinguishes a mortgager's right of redeeming a mortgaged estate.

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..

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..

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..

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..

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..

Mortgagee :: Mortgagee (n.) The person to whom property is mortgaged, or to whom a mortgage is made or given..

Vadium :: Vadium (n.) Pledge; security; bail. See 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..

Wadset :: Wadset (n.) A kind of pledge or 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..

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..

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.

Dismortgage :: Dismortgage (v. t.) To redeem from mortgage.

Bottomry :: Bottomry (n.) A contract in the nature of a mortgage, by which the owner of a ship, or the master as his agent, hypothecates and binds the ship (and sometimes the accruing freight) as security for the repayment of money advanced or lent for the use of the ship, if she terminates her voyage successfully. If the ship is lost by perils of the sea, the lender loses the money; but if the ship arrives safe, he is to receive the money lent, with the interest or premium stipulated, although it may, and

Unincumbered :: Unincumbered (a.) Free from any temporary estate or interest, or from mortgage, or other charge or debt; as, an estate unincumbered with dower..

Dip :: Dip (v. t.) To engage as a pledge; to mortgage.

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

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