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Definition of mortage

"mortage" is probably misspelled. Trying mortgage instead Definition of mortgage

1. mortgage [ n ] a conditional conveyance of property as security for the repayment of a loan

Used in print:

(Robert A. Futterman, The Future of Our Cities....)

Bankers who had been reluctant to lend without better security than the house itself got that security from the U._S. government ; householders who had been unable to pick_up the burden of short-term high interest mortgages found they could borrow for twenty-five years at 4 per_cent , under government aegis .

(W. E. B. DuBois, Worlds of Color....)

The bank which held the mortgage on the old church declared that the interest was considerably in_arrears , and the real_estate people said flatly that the land across the river was being held for an eventual development for white working people who were coming_in , and that none would be sold to colored folk .

When it was proposed to rebuild the church , Wilson found that the terms for a new mortgage were very high .

Synonyms mortgage Related Terms security_interest chattel_mortgage second_mortgage first_mortgage

2. mortgage [ v ] put up as security or collateral

Synonyms mortgage Related Terms owe bond mortgagee

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