Word forms: plural, 3rd person singular presenttense mortgages, present participle mortgaging, past tense, past participle mortgaged
1. countable noun [oft NOUN noun]
A mortgage is a loan of money which you get from a bank or building society in order to buy a house.
...an increase in mortgage rates.
2. verb
If you mortgage your house or land, you use it as a guarantee to a company in order to borrow money from them.
They had to mortgage their home to pay the bills. [VERB noun]
...mortgaged homes. [VERB-ed]
mortgage in British English
(ˈmɔːɡɪdʒ)
noun
1.
an agreement under which a person borrows money to buy property, esp a house, and the lender may take possession of the property if the borrower fails to repay the money
2.
the deed effecting such an agreement
3.
the loan obtained under such an agreement
a mortgage of £350 000
4.
a regular payment of money borrowed under such an agreement
a mortgage of £750 per month
verb(transitive)
5.
to pledge (a house or other property) as security for the repayment of a loan
adjective
6.
of or relating to a mortgage
a mortgage payment
Derived forms
mortgageable (ˈmortgageable)
adjective
Word origin
C14: from Old French, literally: dead pledge, from mort dead + gage security, gage1
mortgage in American English
(ˈmɔrgɪdʒ)
noun
1.
a.
the pledging of property to a creditor as security for the payment of a debt
b.
such a debt
2.
the deed by which this pledge is made
3.
the claim of the mortgagee on the property
verb transitiveWord forms: ˈmortgaged or ˈmortgaging
4. Law
to pledge (property) by a mortgage
5.
to put an advance claim or liability on
to mortgage one's future
Word origin
OFr morgage, mort gage, lit., dead pledge < mort, dead (see mort1) + gage, gage1
Examples of 'mortgage' in a sentence
mortgage
They were such important providers of mortgages and business loans that failure would have been catastrophic.
Times, Sunday Times (2016)
The mortgage interest tax relief changes will also squeeze the return from the property.
Times, Sunday Times (2016)
He was also set to buy a castle until a bank clerk spotted an error in a mortgage application and alerted cops.
The Sun (2016)
New buyer enquiries have been rising, consistent with rising mortgage lending.
Times, Sunday Times (2017)
There's also an option of renting out a room to help to get a bigger mortgage.
Times, Sunday Times (2016)
We then received a letter from our mortgage lender, saying that we may wish to appeal the notice.
Times, Sunday Times (2016)
But the number of mortgages for people buying a home was down on a year earlier, according to banks and building societies.
The Sun (2016)
If your parents are willing and able to help you, it can be worth having them as a joint borrower on the mortgage.
Times, Sunday Times (2016)
He has an interest-only mortgage.
Times, Sunday Times (2016)
Although it would undoubtedly be hard to leave your home, your mortgage interest payments are about 2,000 a month.
Times, Sunday Times (2016)
Better mortgage availability and increased building go hand in hand.
Times, Sunday Times (2015)
You may also find that getting a mortgage is not easy.
Times, Sunday Times (2006)
What next for house prices and mortgages?
Times, Sunday Times (2014)
We could do the same for the mortgage deposit loan.
Times, Sunday Times (2012)
Mortgage lending was controlled by the simple expedient of rationing.
Times, Sunday Times (2014)
The rest is borrowed from a mortgage lender.
Times, Sunday Times (2016)
The government bonus will be paid in voucher form to be paid direct to your mortgage lender.
Times, Sunday Times (2015)
Your mortgage application went far from smoothly.
Times, Sunday Times (2010)
MPs would no longer be able to claim for the interest on their mortgages.
Times, Sunday Times (2012)
This comes after a period in which mortgage approvals had been mounting.
Times, Sunday Times (2006)
Having a credit history helps refugees get a home mortgage or a loan for a car.
Christianity Today (2000)
This means he is left off the mortgage and property deeds.
Times, Sunday Times (2013)
There was wild lending in commercial property and mortgages.
The Sun (2009)
This means households have more income available to cover mortgage payments should they buy a new home.
Times, Sunday Times (2012)
Banks and mortgage lenders should be better supervised.
Times, Sunday Times (2007)
They are publicly quoted companies that fund and guarantee mortgages.
Times, Sunday Times (2008)
BRITAIN'S most senior financial regulator has urged borrowers denied mortgages on the grounds of age to turn to brokers and specialist lenders.
Times, Sunday Times (2015)
What are my options when my interest-only mortgage expires?
Times, Sunday Times (2013)
The scheme will not be extended to interest-only mortgages.
Times, Sunday Times (2013)
Cash purchases are predominant; Britons struggle to get the high mortgages needed to buy here.
Times, Sunday Times (2013)
In other languages
mortgage
British English: mortgage /ˈmɔːɡɪdʒ/ NOUN
A mortgage is a loan of money which you get from a bank in order to buy a house.
We go to work each day to pay the mortgage.
American English: mortgage
Arabic: رَهْنٌ
Brazilian Portuguese: hipoteca
Chinese: 购房按揭
Croatian: hipoteka
Czech: hypotéka
Danish: prioritetslån
Dutch: hypotheek
European Spanish: hipoteca
Finnish: asuntolaina
French: prêt immobilier
German: Hypothek
Greek: υποθήκη
Italian: mutuo
Japanese: 抵当
Korean: 주택담보 융자
Norwegian: pantelån
Polish: zastaw hipoteczny
European Portuguese: hipoteca
Romanian: ipotecă
Russian: ипотека
Latin American Spanish: hipoteca
Swedish: inteckningslån
Thai: การจำนอง
Turkish: konut kredisi
Ukrainian: іпотечна застава
Vietnamese: thế chấp
British English: mortgage /ˈmɔːɡɪdʒ/ VERB
If you mortgage your house or land, you use it as a guarantee to a company in order to borrow money from them.
They had to mortgage their home to pay the bills.
American English: mortgage
Arabic: يَرْهَنُ
Brazilian Portuguese: hipotecar
Chinese: 抵押
Croatian: staviti pod hipoteku
Czech: zatížit hypotékou
Danish: belåne
Dutch: hypothekeren
European Spanish: hipotecar
Finnish: kiinnittää asuntolainalla
French: hypothéquer
German: hypothekarisch belasten
Greek: υποθηκεύω
Italian: ipotecare
Japanese: 抵当に入れる
Korean: 주택을 담보로 융자를 받다
Norwegian: belåne
Polish: oddać w zastaw hipoteczny
European Portuguese: hipotecar
Romanian: a ipoteca
Russian: закладывать
Latin American Spanish: hipotecar
Swedish: inteckna
Thai: จำนอง
Turkish: konut kredisi almak
Ukrainian: заставити нерухомість
Vietnamese: thế chấp
Chinese translation of 'mortgage'
mortgage
(ˈmɔːɡɪdʒ)
n(c)
抵押贷(貸)款 (dǐyā dàikuǎn) (笔, bǐ)
vt
[house, property]抵押 (dǐyā)
to take out a mortgage (on sth)用抵押贷(貸)款(购(購)置某物) (yòng dǐyā dàikuǎn (gòuzhì mǒuwù))