Definition of Mortgage
A mortgage is a loan that is used to buy a home. The mortgage uses the home as collateral, so if you default on your mortgage the lender can foreclose on the home.... More »
Difficulty: Easy
Source: www.ehow.com

en.wikipedia.org/wiki/Mortgage_loan

A mortgage loan or, simply, mortgage is used either by purchasers of real property to raise .... Other aspects that define a specific mortgage market may be regional, historical, or driven by specific characteristics of the legal or financial system.

www.thetruthaboutmortgage.com/what-is-a-mortgage-definition

Regardless of the many terms and variations, a mortgage is essentially an ... Fortunately, the definition of mortgage has a somewhat interesting origin. You've  ...

www.investopedia.com/terms/m/mortgage.asp

Feb 9, 2019 ... A mortgage is a debt instrument that the borrower is obliged to pay back with a ... Vendor Take-Back Mortgage: Definition and How It Works.

www.merriam-webster.com/dictionary/mortgage

Mortgage definition is - a conveyance of or lien against property (as for securing a loan) that becomes void upon payment or performance according to stipulated  ...

dictionary.cambridge.org/us/dictionary/english/mortgage

mortgage meaning: 1. an agreement that allows you to borrow money from a bank or similar organization, especially in order to buy a house, or the amount of  ...

www.businessdictionary.com/definition/mortgage.html

Definition of mortgage: A legal agreement that conveys the conditional right of ownership on an asset or property by its owner (the mortgagor) to a lender (the ...

en.wiktionary.org/wiki/mortgage

From Anglo-Norman morgage, Middle French mortgage, from Old French mort gage (“death pledge”), after a translation of judicial Medieval Latin mortuum ...

www.dictionary.com/browse/mortgage

Mortgage definition, a conveyance of an interest in property as security for the repayment of money borrowed. See more.

corporatefinanceinstitute.com/resources/knowledge/finance/mortgage

A mortgage is a loan – provided by a mortgage lender or a bank – that enables an individual to purchase a home. While it's possible to take out loans to cover ...