Mortgage

Definitions

1. A legal agreement in which a borrower pledges real property as collateral for a loan used to purchase or refinance that property.
   countable, uncountable
2. The state of being pledged.
   countable, obsolete, uncountable

Equivalents

Examples

“The appriser, therefore, (as the holder of a mortgage was then called,) entered upon possession, and in the language of Hotspur, "came me cranking in," and cut⟳ the family out of another monstrous cantle of their remaining property.”

“lands given in mortgage”

CEFR level