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Definition of Mortgage

Mortgage

  1. A conveyance of property, upon condition, as security for the payment of a debt or the preformance of a duty, and to become void upon payment or performance according to the stipulated terms; also, the written instrument by which the conveyance is made.
  2. State of being pledged; as, lands given in mortgage.
  3. To grant or convey, as property, for the security of a debt, or other engagement, upon a condition that if the debt or engagement shall be discharged according to the contract, the conveyance shall be void, otherwise to become absolute, subject, however, to the right of redemption.
  4. Hence: To pledge, either literally or figuratively; to make subject to a claim or obligation.

Mortgage Quotations

People find themselves in ruts all the time. You're in a complacent lifestyle where you work 9 to 5 and then you add a mortgage and kids. You feel trapped, but guess what, brother? You constructed that life. If you're OK with it, there's nothing wrong with that. But if you've got unease, then you've got to make a change.
Jeremy Renner

After I dropped out of college at the age of 19, I became a mortgage broker, and when I went back to school I thought about going into real estate law. I probably would have made a lot more money and died of boredom by now.
Alice Dreger

If you followed this economic crisis and you do not think that the world is getting flatter, you are not paying attention. We saw the entire global economy at one time acting totally in sync. The real truth is the world is even flatter than I thought. Our mortgage crisis is killing Deutsche Bank. You still don't think the world is flat?
Thomas Friedman

However my parents - both of whom came from impoverished backgrounds and neither of whom had been to college, took the view that my overactive imagination was an amusing quirk that would never pay a mortgage or secure a pension.
J. K. Rowling

Canadians know that the promise of a recession didn't happen because of anything we did here. If you look at all the causes of the recession, problems in mortgage markets, the problems in the banking sector, the problems in government finance in countries like Greece, none of those problems were in present Canada.
Stephen Harper
More "Mortgage" Quotations

Mortgage Translations

mortgage in Dutch is hypotheek
mortgage in German is Pfand, Hypothek
mortgage in Italian is ipoteca
mortgage in Spanish is hipoteca