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mortgage |
Also found in: Dictionary/thesaurus, Medical, Legal, Financial, Acronyms, Encyclopedia, Wikipedia | 0.38 sec. |
mortgageTransfer of property, usually a house, as a security for repayment of a loan. The loan is normally repaid to a bank or building society over a period of years. |
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? Mentioned in | ? References in classic literature | ||
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| THE People being dissatisfied with a Democratic Legislature, which stole no more than they had, elected a Republican one, which not only stole all they had but exacted a promissory note for the balance due, secured by a mortgage upon their hope of death. Once a cyclone had carried away Uncle Henry's house, so that he was obliged to build another; and as he was a poor man he had to mortgage his farm to get the money to pay for the new house. To save the boy, I had to sell my lands and mortgage my ancestral castle; and this not being enough, in the end I have had to borrow money, at a ruinous interest, from my lord of Hereford. |
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mortgage