mortgage
1mort·gage
noun \ˈmȯr-gij\Definition of MORTGAGE
1
: a conveyance of or lien against property (as for securing a loan) that becomes void upon payment or performance according to stipulated terms
Examples of MORTGAGE
- He will have to take out a mortgage in order to buy the house.
- They hope to pay off the mortgage on their home soon.
Origin of MORTGAGE
Middle English morgage, from Anglo-French mortgage, from mort dead (from Latin mortuus) + gage gage — more at murder
First Known Use: 15th century
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