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Definition of mortgage
Thanks for using this online dictionary, we have been helping millions of people improve their use of the english language with its free online services. English definition of mortgage is as below...
Mortgage
(n.) State of being
pledged;
as, lands given in
mortgage..
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Mortgaged
::
Mortgaged
(imp. & p. p.) of
Mortgag.
Execute
::
Execute
(v. t.) To
complete,
as a legal
instrument;
to
perform
what is
required
to give
validity
to, as by
signing
and
perhaps
sealing
and
delivering;
as, to
execute
a deed,
lease,
mortgage,
will, etc..
Foreclosure
::
Foreclosure
(n.) The act or
process
of
foreclosing;
a
proceeding
which bars or
extinguishes
a
mortgager's
right of
redeeming
a
mortgaged
estate.
Secure
::
Secure
(v. t.) To put
beyond
hazard
of
losing
or of not
receiving;
to make
certain;
to
assure;
to
insure;
--
frequently
with
against
or from,
rarely
with of; as, to
secure
a
creditor
against
loss; to
secure
a debt by a
mortgage..
Mortgager
::
Mortgager
(n.) gives a
mortgage.
Vadium
::
Vadium
(n.)
Pledge;
security;
bail. See
Mortgage.
Equitable
::
Equitable
(a.) That can be
sustained
or made
available
or
effective
in a court of
equity,
or upon
principles
of
equity
jurisprudence;
as, an
equitable
estate;
equitable
assets,
assignment,
mortgage,
etc..
Conveyancer
::
Conveyancer
(n.) One whose
business
is to draw up
conveyances
of
property,
as
deeds,
mortgages,
leases,
etc..
Carry
::
Carry (v. t.) To bear the
charges
or
burden
of
holding
or
having,
as
stocks,
merchandise,
etc., from one time to
another;
as, a
merchant
is
carrying
a large
stock;
a farm
carries
a
mortgage;
a
broker
carries
stock for a
customer;
to carry a life
insurance..
Redeem
::
Redeem
(v. t.) To
recall,
as an
estate,
or to
regain,
as
mortgaged
property,
by
paying
what may be due by force of the
mortgage..
Wadset
::
Wadset
(n.) A kind of
pledge
or
mortgage.
Stranger
::
Stranger
(n.) One not privy or party an act,
contract,
or
title;
a mere
intruder
or
intermeddler;
one who
interferes
without
right;
as,
actual
possession
of land gives a good title
against
a
stranger
having
no
title;
as to
strangers,
a
mortgage
is
considered
merely
as a
pledge;
a mere
stranger
to the
levy..
Re-demption
::
Re-demption
(n.) The
liberation
of an
estate
from a
mortgage,
or the
taking
back of
property
mortgaged,
upon
performance
of the terms or
conditions
on which it was
conveyed;
also, the right of
redeeming
and
reentering
upon an
estate
mortgaged.
See
Equity
of
redemption,
under
Equity..
Bond
::
Bond (v. t.) To place under the
conditions
of a bond; to
mortgage;
to
secure
the
payment
of the
duties
on
(goods
or
merchandise)
by
giving
a bond.
Cover
::
Cover (v. t.) To
extend
over; to be
sufficient
for; to
comprehend,
include,
or
embrace;
to
account
for or
solve;
to
counterbalance;
as, a
mortgage
which fully
covers
a sum
loaned
on it; a law which
covers
all
possible
cases of a
crime;
receipts
than do not cover
expenses..
Mortgage
::
Mortgage
(v. t.)
Hence:
To
pledge,
either
literally
or
figuratively;
to make
subject
to a claim or
obligation..
Hypothecate
::
Hypothecate
(v. t.) To
subject,
as
property,
to
liability
for a debt or
engagement
without
delivery
of
possession
or
transfer
of
title;
to
pledge
without
delivery
of
possession;
to
mortgage,
as
ships,
or other
personal
property;
to make a
contract
by
bottomry.
See
Hypothecation,
Bottomry..
Dismortgage
::
Dismortgage
(v. t.) To
redeem
from
mortgage.
Conveyance
::
Conveyance
(n.) The act by which the title to
property,
esp. real
estate,
is
transferred;
transfer
of
ownership;
an
instrument
in
writing
(as a deed or
mortgage),
by which the title to
property
is
conveyed
from one
person
to
another..
Mortgageor
::
Mortgageor
(n.) Alt. of
Mortgago.
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