Home > Term: mortgage
mortgage
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.
- Part of Speech: noun
- Industry/Domain: Language
- Category: Dictionaries
- Company: MICRA Inc.
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Creator
- spencer12
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(Germany)