mortgage

Listen:
 [ˈmɔːrgɪdʒ]



WordReference Random House Learner's Dictionary of American English © 2019
mort•gage /ˈmɔrgɪdʒ/USA pronunciation   n., v.,  -gaged, -gag•ing. 
n. [countable]
  1. Lawmaking, Businessan amount of money loaned to buy a house:a mortgage of over $200,000.
  2. Businessan agreement to give up property if one is unable to pay back the money loaned.

v. [+ object]
  1. Lawto place (property) under an agreement:had to mortgage their house to pay the bill.
  2. to pledge;
    risk (something) for future gain:to mortgage the company's future.
mort•ga•gor, mort•gag•er, n. [countable]See -mort-.

WordReference Random House Unabridged Dictionary of American English © 2019
mort•gage  (môrgij),USA pronunciation n., v.,  -gaged, -gag•ing. 
n. 
  1. Lawmaking, Businessa conveyance of an interest in property as security for the repayment of money borrowed.
  2. Businessthe deed by which such a transaction is effected.
  3. Businessthe rights conferred by it, or the state of the property conveyed.

v.t. 
  1. Lawto convey or place (real property) under a mortgage.
  2. to place under advance obligation;
    pledge:to mortgage one's life to the defense of democracy.
  • Latin mortuus) + gage pledge, gage1
  • Old French mortgage, equivalent. to mort dead (
  • earlier morgage, Middle English 1350–1400


Collins Concise English Dictionary © HarperCollins Publishers::

mortgage /ˈmɔːɡɪdʒ/ n
  1. an agreement under which a person borrows money to buy property, esp a house, and the lender may take possession of the property if the borrower fails to repay the money
  2. the deed effecting such an agreement
  3. the loan obtained under such an agreement: a mortgage of £48 000
  4. a regular payment of money borrowed under such an agreement: a mortgage of £247 per month
vb (transitive)
  1. to pledge (a house or other property) as security for the repayment of a loan
Etymology: 14th Century: from Old French, literally: dead pledge, from mort dead + gage security, gage1

ˈmortgageable adj



'mortgage' also found in these entries:
Collocations: can't [keep up with, afford] the mortgage payments, has missed [two] mortgage payments, [high, low, affordable] mortgage rates, more...

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