Scrabble Dictionary
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| Scrabble US | (12 Points) | |
| Scrabble UK | (12 Points) | |
| Words With Friends | (15 Points) |
Mortgage
ˈmɔːɡɪdʒ
Mortgage definitions
noun
mortgage
mortgages
- a legal agreement by which a bank, building society, etc. lends money at interest in exchange for taking title of the debtor's property, with the condition that the conveyance of title becomes void upon the payment of the debt
"I put down a hundred thousand in cash and took out a mortgage for the rest"
- the amount of money borrowed in a mortgage
"a £60,000 mortgage"
- a deed effecting a mortgage
verb
mortgage
mortgaged
mortgages
mortgaging
- convey (a property) to a creditor as security on a loan
"the estate was mortgaged up to the hilt"
- expose to future risk or constraint for the sake of immediate advantage
"some people worry that selling off state assets mortgages the country's future"