mortgage

7 entries found for mortgage.
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mortgage[1,noun] mortgage[2,transitive verb] adjustable rate mortgage first mortgage reverse mortgage second mortgage variable rate mortgage

Main Entry: ¹mort·gage
Pronunciation: 'mor-gij
Function: noun
Etymology: Middle English morgage, from Anglo-French mortgage, from mort dead (from Latin mortuus) + gage gage -- more at MURDER
1 : a conveyance of or lien against property (as for securing a loan) that becomes void upon payment or performance according to stipulated terms
2 a : the instrument evidencing the mortgage b : the state of the property so mortgaged c : the interest of the mortgagee in such property