mortgage
A legal agreement where a bank or lender lends money at interest in exchange for taking title of the debtor's property. The property is used as security, meaning the bank can take the house if the money is not paid back.
أمثلة
3 من 5We pay our mortgage to the bank every month.
We pay our mortgage to the bank every month.
The applicant must provide three months of bank statements to qualify for a mortgage.
The applicant must provide three months of bank statements to qualify for a mortgage.
I'm so happy because we finally paid off our mortgage today!
I'm so happy because we finally paid off our mortgage today!
المرادفات
الأضداد
عائلة الكلمة
نصيحة للحفظ
The word comes from 'mort' (dead) and 'gage' (pledge). Think of it as a 'dead pledge' because the deal ends (dies) when the money is paid back.
اختبار سريع
Since we want to buy a house but don't have enough cash, we need to ask the bank for a ____.
صحيح!
الإجابة الصحيحة هي: mortgage
أمثلة
We pay our mortgage to the bank every month.
everydayWe pay our mortgage to the bank every month.
The applicant must provide three months of bank statements to qualify for a mortgage.
formalThe applicant must provide three months of bank statements to qualify for a mortgage.
I'm so happy because we finally paid off our mortgage today!
informalI'm so happy because we finally paid off our mortgage today!
The study examines how rising interest rates affect the demand for a mortgage.
academicThe study examines how rising interest rates affect the demand for a mortgage.
The firm decided to take out a mortgage on the new office building.
businessThe firm decided to take out a mortgage on the new office building.
المرادفات
الأضداد
عائلة الكلمة
تلازمات شائعة
العبارات الشائعة
second mortgage
second mortgage
underwater mortgage
underwater mortgage
chattel mortgage
chattel mortgage
يُخلط عادةً مع
A loan is any borrowed money, but a mortgage is a specific type of loan used to buy property.
Rent is money paid to a landlord to live in a house; a mortgage is money paid to a bank to eventually own the house.
ملاحظات الاستخدام
In everyday English, people often say 'my mortgage' to refer to the monthly payment itself as well as the legal agreement.
أخطاء شائعة
The 't' in mortgage is silent. Learners often mistakenly pronounce the 't'.
نصيحة للحفظ
The word comes from 'mort' (dead) and 'gage' (pledge). Think of it as a 'dead pledge' because the deal ends (dies) when the money is paid back.
أصل الكلمة
Derived from Old French 'mort' (dead) and 'gage' (pledge), meaning the deal dies when the debt is paid.
أنماط نحوية
السياق الثقافي
In many Western countries, obtaining a mortgage is considered a major milestone in adulthood and the primary way to build personal wealth.
اختبار سريع
Since we want to buy a house but don't have enough cash, we need to ask the bank for a ____.
صحيح!
الإجابة الصحيحة هي: mortgage
مفردات ذات صلة
مزيد من كلمات law
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plaintiff
A1A person or group who brings a legal case against another in a court of law. They are the ones starting the lawsuit because they believe they have been wronged.
jury
A1A group of ordinary people chosen to listen to the facts of a trial in a court of law. They listen to the evidence and decide if a person is guilty or not guilty.
lawsuit
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proof
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misdemeanor
A1A misdemeanor is a minor crime that is less serious than a felony. It is usually punished by a fine or a short period of time in a local jail rather than a state prison.
sentence
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bail
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fraud
A1Fraud is the illegal act of tricking someone to get their money or property. It is a crime where a person lies or hides the truth to gain an unfair advantage.
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