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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.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  ...

www.investinganswers.com/financial-dictionary/real-estate/mortgage-1608

A mortgage is a loan in which property or real estate is used as collateral. The borrower enters into an agreement with the lender (usually a bank) wherein the ...

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

mortgage meaning: 1. an agreement that allows you to borrow money from a bank or similar organization by offering something of value, esp. in order to buy a  ...

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 ...

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

A mortgage is a debt instrument that the borrower is obliged to pay back with a predetermined set of payments.

www.collinsdictionary.com/us/dictionary/english/mortgage

Mortgage definition: A mortgage is a loan of money which you get from a bank or building society in order to... | Meaning, pronunciation, translations and ...

www.dictionary.com/browse/mortgage

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

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 ...