mortgage

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She has an American accent.

NGSL Rank: 2440
mortgage
ˈmɔːɡɪdʒ Listen
Meanings
noun
  • a legal agreement by which a bank, building society, etc. lends money at interest in exchange for taking title of the debtor's property, with the condition that the conveyance of title becomes void upon the payment of the debt.
    E.g. I put down a hundred thousand in cash and took out a mortgage for the rest
verb
  • convey (a property) to a creditor as security on a loan.
    E.g. the estate was mortgaged up to the hilt

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mortgage
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