单词 | mortgage |
释义 | mortgage (once / 330 pages) nv A mortgage is a loan in which the lender may use your property as payment if you don't pay back the loan. Offer your friend a mortgage for the $20 he wants . . . with his bike as security. Most people obtain a mortgage when they buy a house. The bank extends the loan because of the guarantee that the house will be the bank’s to sell if the debt isn’t repaid. When you make this deal, you have mortgaged your house — the word mortgage can be used as a noun or a verb. WORD FAMILYmortgage: mortgaged, mortgagee, mortgager, mortgages, mortgaging, mortgagor+/mortgaged: unmortgaged/mortgagee: mortgagees/mortgager: mortgagers/mortgagor: mortgagors USAGE EXAMPLESMany of the program’s early problems reflect its complexity, said Justin Wiseman, director of loan administration policy at the Mortgage Bankers Association, an industry group. Washington Post(Dec 30, 2016) The Mortgage Bankers Association did not release its mortgage applications data this week because of the holiday. Washington Post(Dec 29, 2016) Under the programme, borrowers were able to get a mortgage with just a 5% deposit. BBC(Dec 29, 2016) 1n a conditional conveyance of property as security for the repayment of a loan Hypo|Hyper first mortgage a mortgage that has priority over all mortgages and liens except those imposed by law second mortgagea mortgage that is subordinate to a first mortgage chattel mortgagea loan to buy some personal item; the item (or chattel) is security for the loan security interest any interest in a property that secures the payment of an obligation 2v put up as security or collateral Hypo|Hyper bond issue bonds on owe be in debt |
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