| English > English | |
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| mortgages | |
| 1. n. plural of mortgage |  |
| mortgage | |
| 1. n. (legal) A special form of secured loan where the purpose of the loan must be specified to the lender, to purchase assets that must be fixed (not movable) property, such as a house or piece of farm lan | |
| We're renting a property in the city centre because we can't afford to get a mortgage yet. | |
| 2. n. (obsolete) State of being pledged. | |
| lands given in mortgage | |
| 3. v. (transitive, legal) To borrow against a property, to obtain a loan for another purpose by giving away the right of seizure to the lender over a fixed property such as a house or piece of land; to pled | |
| to mortgage a property, an estate, a shop | |
| We mortgaged our house in order to start a company. | |
| 4. v. (transitive, figurative) To pledge and make liable; to make subject to obligation; to achieve an immediate result by paying for it in the long term. | |
