mortgage
• noun 1 a legal agreement by which a person takes out a loan using as security real property (usually a house which is being purchased). 2 an amount of money borrowed or lent under such an agreement. • verb transfer the title to (a property) to a creditor as security for the payment of a loan. — ORIGIN Old French, ‘dead pledge’.
Perform another search of the Compact Oxford English Dictionary
About this dictionary
The Compact Oxford English Dictionary of Current English contains 145,000 words, phrases, and definitions.
Find out more about Oxford's range of English dictionaries
Sign up for the AskOxford Word of the Day
Search the Little Oxford Dictionary of Quotations
Search the Concise Dictionary of First Names
| 
