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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
(v. t.) To grant or
convey,
as
property,
for the
security
of a debt, or other
engagement,
upon a
condition
that if the debt or
engagement
shall be
discharged
according
to the
contract,
the
conveyance
shall be void,
otherwise
to
become
absolute,
subject,
however,
to the right of
redemption..
Lern More About Mortgage
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Dip
::
Dip (v. t.) To
engage
as a
pledge;
to
mortgage.
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..
Mortgager
::
Mortgager
(n.) gives a
mortgage.
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..
Unincumbered
::
Unincumbered
(a.) Free from any
temporary
estate
or
interest,
or from
mortgage,
or other
charge
or debt; as, an
estate
unincumbered
with
dower..
Mortgagor
::
Mortgagor
(n.) One who gives a
mortgage.
Mortgage
::
Mortgage
(n.) State of being
pledged;
as, lands given in
mortgage..
Mortgaged
::
Mortgaged
(imp. & p. p.) of
Mortgag.
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..
Foreclosure
::
Foreclosure
(n.) The act or
process
of
foreclosing;
a
proceeding
which bars or
extinguishes
a
mortgager's
right of
redeeming
a
mortgaged
estate.
Wadset
::
Wadset
(n.) A kind of
pledge
or
mortgage.
Conveyancer
::
Conveyancer
(n.) One whose
business
is to draw up
conveyances
of
property,
as
deeds,
mortgages,
leases,
etc..
Dismortgage
::
Dismortgage
(v. t.) To
redeem
from
mortgage.
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..
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..
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.
Encumber
::
Encumber
(v. t.) To load with
debts,
or other legal
claims;
as, to
encumber
an
estate
with
mortgages..
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..
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..
Mortgage
::
Mortgage
(v. t.) To grant or
convey,
as
property,
for the
security
of a debt, or other
engagement,
upon a
condition
that if the debt or
engagement
shall be
discharged
according
to the
contract,
the
conveyance
shall be void,
otherwise
to
become
absolute,
subject,
however,
to the right of
redemption..
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