Mortgage Definition

môrgĭj
mortgaged, mortgages, mortgaging
noun
Such a debt.
Webster's New World
The document specifying the terms and conditions of the repayment of such a loan.
American Heritage
The claim of the mortgagee on the property.
Webster's New World
The pledging of property to a creditor as security for the payment of a debt.
Webster's New World
The repayment obligation associated with such a loan.
A family who cannot afford their mortgage.
American Heritage
verb
To pledge (property) by a mortgage.
Webster's New World
To put an advance claim or liability on.
To mortgage one's future.
Webster's New World
To make subject to a claim or risk; pledge against a doubtful outcome.
Mortgaged their political careers by taking an unpopular stand.
American Heritage
(figuratively) To pledge and make liable; to make subject to obligation; to achieve an immediate result by paying for it in the long term.
Wiktionary

Other Word Forms of Mortgage

Noun

Singular:
mortgage
Plural:
mortgages

Origin of Mortgage

  • From Anglo-Norman mortgage, Middle French mortgage, from Old French mort gage (“death pledge"), after a translation of judicial Medieval Latin mortuum vadium or mortuum wadium, from mortuum + vadium or wadium, of Germanic (Frankish) origin, from a root *waddi, wadja. Cf. gage and also wage.

    From Wiktionary

  • Middle English morgage from Old French mort dead (from Vulgar Latin mortus) (from Latin mortuus) (past participle of morī to die mer- in Indo-European roots) gage pledge (of Germanic origin)

    From American Heritage Dictionary of the English Language, 5th Edition

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