WordReference Random House Learner's Dictionary of American English © 2019
mort•gage /ˈmɔrgɪdʒ/USA pronunciation
n., v., -gaged, -gag•ing. n. [countable]
WordReference Random House Unabridged Dictionary of American English © 2019
v. [~ + object]
- Lawmaking, Businessan amount of money loaned to buy a house:a mortgage of over $200,000.
- Businessan agreement to give up property if one is unable to pay back the money loaned.
mort•ga•gor, mort•gag•er, n. [countable]See -mort-.
- Lawto place (property) under an agreement:had to mortgage their house to pay the bill.
- to pledge;
risk (something) for future gain:to mortgage the company's future.
(môr′gij),USA pronunciation n., v., -gaged, -gag•ing. n.
- Lawmaking, Businessa conveyance of an interest in property as security for the repayment of money borrowed.
- Businessthe deed by which such a transaction is effected.
- Businessthe rights conferred by it, or the state of the property conveyed.
- Lawto convey or place (real property) under a mortgage.
- 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
- 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
- the deed effecting such an agreement
- the loan obtained under such an agreement: a mortgage of £48 000
- a regular payment of money borrowed under such an agreement: a mortgage of £247 per month
Etymology: 14th Century: from Old French, literally: dead pledge, from mort dead + gage security, gage1ˈmortgageable adj
- to pledge (a house or other property) as security for the repayment of a loan
'mortgage' also found in these entries: