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WordReference Random House Learner's Dictionary of American English © 2024mort•gage /ˈmɔrgɪdʒ/USA pronunciation n., v., -gaged, -gag•ing. n. [countable] - 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.
v. [~ + object] - 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.
mort•ga•gor, mort•gag•er, n. [countable]See -mort-. WordReference Random House Unabridged Dictionary of American English © 2024mort•gage (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.
v.t. - 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
WordReference Random House Unabridged Dictionary of American English © 2024mort•ga•gor (môr′gə jər),USA pronunciation n. - Businessa person who mortgages property.
Also, mort′gag•er. Collins Concise English Dictionary © HarperCollins Publishers:: mortgagor /ˈmɔːɡɪdʒə; ˌmɔːɡɪˈdʒɔː/, mortgager n - a person who borrows money by mortgaging his property to the lender as security
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