mortgage

Wikipedia

English

Etymology

From Anglo-Norman mortgage, Middle French mortgage, from Old French mort gage (“dead pledge”), after Latin mortuum vadium.

Pronunciation

• (UK) IPA: /ˈmɔː.ɡɪdʒ/
• (US) IPA: /ˈmɔɹ.ɡɪdʒ/

• Audio (US)

  (file)

Noun

mortgage (plural mortgages)

1. 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 land. The assets are registered as the legal property of the borrower but the lender can seize them and dispose of them if they are not satisfied with the manner in which the repayment of the loan is conducted by the borrower. Once the loan is fully repaid, the lender loses this right of seizure and the assets are then deemed to be unencumbered.

   We're renting a property in the city centre because we can't afford to get a mortgage yet.

Translations

special form of secured loan

Arabic: رهن (ar) (rahn) m., رهن عقاري (ar) (rahn `aqāriy) m. Catalan: hipoteca f. Chinese: Mandarin: 抵押 (cmn) (dǐyā), 抵押貸款 (cmn), 抵押贷款 (cmn) (dǐyā dàikuǎn), 按揭 (cmn) (ànjiē) Czech: hypotéka (cs) f. Dutch: hypotheek (nl) m. Esperanto: hipoteko (eo) Finnish: asuntolaina (fi), kiinnelaina (fi) French: hypothèque (fr) f. German: Hypothek (de) f. Greek: υποθήκη (el) (ypothíki) f. Hebrew: משכנתא (he) (mashkánta) f.

Hungarian: jelzálog (hu) Interlingua: hypotheca (ia) Italian: ipoteca (it) f. Japanese: 抵当 (ja) (ていとう, teitō), 抵当権 (ja) (ていとうけん, teitōken), 住宅ローン (ja) (じゅうたくローン, jūtaku-rōn) Latin: hypotheca (la) f. Norwegian: hypothek (no) n. Polish: hipoteka (pl) f. Portuguese: hipoteca (pt) f. Russian: ипотека (ru) (ipotéka) f. Spanish: hipoteca (es) f. Swedish: hypothek (sv) n. Turkish: ipotek (tr), rehin (tr), tutu (tr)

Verb

mortgage (third-person singular simple present mortgages, present participle mortgaging, simple past and past participle mortgaged)

1. As in "to mortgage a property", 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.

Related terms

• mortgagee
• mortgager

Translations

to borrow against a property

Catalan: hipotecar (ca) Dutch: hypothekeren, lijfrente afsluiten, verpanden Esperanto: hipoteki (eo) Finnish: kiinnittää (fi) French: hypothéquer (fr) German: verpfänden (de) Greek: υποθηκεύω (el) (ypothikévo)

Hebrew: משכן (he) (mishkén) Interlingua: hypothecar (ia) Polish: obciążać hipotekę (pl) Portuguese: hipotecar (pt) Spanish: hipotecar (es) Turkish: ipotek vermek (tr), rehin vermek (tr), tutu vermek (tr)