mortgage verb - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “mortgage”

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mortgage

verb [T]
 
 
/ˈmɔːɡɪdʒ/ FINANCE, PROPERTY
to borrow money using property as security (= an asset that will belong to the lender if the borrower does not pay back the loan): mortgage sth to do sth He mortgaged his home to help finance the project. The company mortgaged its assets to secure a $23 billion credit line.
Translations of “mortgage”
in Korean (집을 사기 위해) 대출 받다…
in Arabic رَهن عَقاري…
in Portuguese hipotecar…
in Catalan hipotecar…
in Japanese 住宅ローンを組む…
in Italian ipotecare…
in Chinese (Traditional) (房屋)做按揭貸款…
in Chinese (Simplified) (房屋)做抵押贷款…
(Definition of mortgage verb from the Cambridge Business English Dictionary © Cambridge University Press)
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