mortgage simple definition: Mortgage pronunciation and definition

Mortgage pronunciation and definition

Mortgage pronunciation and definition. What is MORTGAGE LOAN? What does MORTGAGE LOAN mean? MORTGAGE LOAN meaning & explanation

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Mortgage pronunciation: /ˈmɔːrɡədʒ/
(n.)
Definition: 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.