Mortgage

• POS: Noun, Verb (transitive)
• HYPHEN: mort=gage

CIDE DICTIONARY

Mortgage, n. [F. mort-gage; mort dead (L. mortuus) + gage pledge. See Mortal, and Gage.].

•  A conveyance of property, upon condition, as security for the payment of a debt or the preformance of a duty, and to become void upon payment or performance according to the stipulated terms; also, the written instrument by which the conveyance is made.  [1913 Webster]

  " It was called a mortgage (or dead pledge) because, whatever profit it might yield, it did not thereby redeem itself, but became lost or dead to the mortgager upon breach of the condition. But in equity a right of redemption is an inseparable incident of a mortgage until the mortgager is debarred by his own laches, or by judicial decree."  Cowell. Kent.  [1913 Webster]
•  State of being pledged; as, lands given in mortgage.  [1913 Webster]

Chattel mortgage. See under Chattel. -- To foreclose a mortgage. See under Foreclose. -- Mortgage deed (Law), a deed given by way of 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.  [1913 Webster]
•  Hence: To pledge, either literally or figuratively; to make subject to a claim or obligation.  [1913 Webster]

  "Mortgaging their lives to covetise."  [1913 Webster]

  "I myself an mortgaged to thy will."  [1913 Webster]

OXFORD DICTIONARY

Mortgage, n. & v.
--n.
1 a a conveyance of property by a debtor to a creditor as security for a debt (esp. one incurred by the purchase of the property), on the condition that it shall be returned on payment of the debt within a certain period. b a deed effecting this.
2 a a debt secured by a mortgage. b a loan resulting in such a debt.
--v.tr.
1 convey (a property) by mortgage.
2 (often foll. by to) pledge (oneself, one's powers, etc.).

Idiom

mortgage rate the rate of interest charged by a mortgagee.

Derivative

mortgageable adj.

Etymology

ME f. OF, = dead pledge f. mort f. L mortuus dead + gage GAGE(1)

THESAURUS

Mortgage

adjustment mortgage, antichresis, blanket mortgage, bond, bottomry, bottomry bond, chattel mortgage, closed mortgage, dead pledge, deed of trust, deposit, dip, first mortgage, go bail, handsel, hock, hypothec, hypothecate, hypothecation, impignorate, installment mortgage, leasehold mortgage, lien, living pledge, mortgage deed, mortuum vadium, participating mortgage, pawn, pledge, post, put in hock, put in pawn, put up, second mortgage, security agreement, spout, stake, third mortgage, trust mortgage, vadium mortuum, vadium vivum

ROGET THESAURUS

Mortgage

Security

N security, guaranty, guarantee, gage, warranty, bond, tie, pledge, plight, mortgage, collateral, debenture, hypothecation, bill of sale, lien, pawn, pignoration, real security, vadium, stake, deposit, earnest, handsel, caution, promissory note, bill, bill of exchange, I, O, U, personal security, covenant, specialty, parole, acceptance, indorsement, signature, execution, stamp, seal, sponsor, cosponsor, sponsion, sponsorship, surety, bail, mainpernor, hostage, godchild, godfather, godmother, recognizance, deed of indemnity, covenant of indemnity, authentication, verification, warrant, certificate, voucher, docket, doquet, record, probate, attested copy, receipt, acquittance, quittance, discharge, release, muniment, title deed, instrument, deed, deed poll, assurance, indenture, charter, charter poll, paper, parchment, settlement, will, testament, last will and testament, codicil, bonis avibus, gone where the woodbine twineth.

VB give security, give bail, give substantial bail, go bail, pawn, impawn, spout, mortgage, hypothecate, impignorate, guarantee, warrant, warrantee, assure, accept, indorse, underwrite, insure, cosign, countersign, sponsor, cosponsor, execute, stamp, sign, seal, let, sett, grant a lease, take a lease, hold a lease, hold in pledge, lend on security.

Lending

N lending, loan, advance, accommodation, feneration, mortgage, second mortgage, home loan, investment, note, bond, commercial paper, mont de piete, pawnshop, my uncle's, lender, pawnbroker, money lender, usurer, loan shark, loaner (of item loaned), lending, lent, unborrowed &c (borrowed), in advance, on loan, on security.

Sale

VB sell, vend, dispose of, effect a sale, sell over the counter, sell by auction, dispense, retail, deal in, sell off, sell out, turn into money, realize, bring to the hammer, bring under the hammer, put up to auction, put up for auction, offer for sale, put up for sale, hawk, bring to market, offer, undersell, let, mortgage.

Credit

N credit, trust, tick, score, tally, account, letter of credit, circular note, duplicate, mortgage, lien, debenture, paper credit, floating capital, draft, lettre de creance, securities, creditor, lender, lessor, mortgagee, dun, usurer, credit account, line of credit, open line of credit, credit card, crediting, credited, accredited, on credit, on account, to the account of, to the credit of, a compte.