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WordBand 6–7Core (NGSL)

mortgage

/ˈmɔː.ɡɪdʒ/

An illustration for mortgage

noun1 of 2

long-term loan from a bank for buying property

  • “More and more people are falling behind in their mortgage payments.”Tatoeba
  • “My house is a mortgage-free house.”Tatoeba

Sentences from Tatoeba show real usage. A word can have several meanings, so a sentence may use another one.

verb2 of 2

To borrow against a property, to obtain a loan for another purpose by giving away the right of seizure to the lender over a fixed property such as a house or piece of land; to pledge a property in order to get a loan.

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Source: New General Service List (Browne, Culligan & Phillips) (CC BY-SA 4.0); Wiktionary (CC BY-SA 3.0); Tatoeba (CC BY 2.0 FR)

mortgage: meaning, pronunciation and examples · Toofey