mortgage
/ˈmoɹ.ɡɪd͡ʒ/ noun B2- A legal agreement in which a borrower pledges real property as collateral for a loan used to purchase or refinance that property.
Plural mortgages
From the library
Nothing was left save a few acres of ground, and the two-hundred-year-old house, which is itself crushed under a heavy mortgage.
Stocks and bonds, loans and mortgages, margins and securities—here was a world of finance, and there was no room in it for the human world or the world of nature.
Jonas Oldacre then informed me that there were a number of documents—building leases, title-deeds, mortgages, scrip, and so forth—which it was necessary that I should see and understand.
We make in our case a deposit, on a mortgage, which is an advance, as you see, since we gain at least ten, fifteen, twenty, or a hundred livres’ worth of iron in exchange for our money.
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