MORTGAGE

/ˈmɔː.ɡɪdʒ/ ► audio Scrabble 12 Words With Friends 15

Definition

  1. verb put up as security or collateral.
  2. noun a conditional conveyance of property as security for the repayment of a loan.

Examples

  • “We're renting a property in the city centre because we can't afford to get a mortgage yet.”
  • “lands given in mortgage”
  • “We mortgaged our house in order to start a company.”

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