Apedia

Mortgage Order Money House Land Guarantee Company Borrow

query
If you m_______ your house or land, you use it as a guarantee to a company in order to borrow money from them.If you mortgage your house or land, you use it as a guarantee to a company in order to borrow money from them.
They had to mortgage their home to pay the bills.
...mortgaged homes.
word mortgage
full-definition
noun
A mortgage is a loan of money which you get from a bank or building society in order to buy a house.
...an increase in mortgage rates.
verb
If you mortgage your house or land, you use it as a guarantee to a company in order to borrow money from them.
They had to mortgage their home to pay the bills.
...mortgaged homes.
inflections mortgagesmortgagingmortgaged
cefr-level B2

Tags: oxford5k::cefr-level:b2

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