Mortgage Definition In The

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Mortgage - Investopedia - Sharper Insight. Smarter Investing.
A mortgage is a debt instrument, secured by the collateral of specified real estate property, that the borrower is obliged to pay back with a predetermined set of payments. Mortgages are used by ...
mortgage | Definition of mortgage in English by Oxford ...
Definition of mortgage in English: mortgage. noun. 1 A legal agreement by which a bank, building society, etc. lends money at interest in exchange for taking title of the debtor's property, with the condition that the conveyance of title becomes void upon the payment of the debt.
Mortgage financial definition of mortgage
Mortgage. A mortgage, or more precisely a mortgage loan, is a long-term loan used to finance the purchase of real estate. As the borrower, or mortgager, you repay the lender, or mortgagee, the loan principal plus interest, gradually building your equity in the property.

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