borrow-gage

borrow-gage

Useful english dictionary. 2012.

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  • gage — [geɪdʒ] noun [countable] LAW FINANCE something you give to someone when you borrow money from them. The person lending the money will keep the asset if you cannot pay back the loan; = PLEDGE * * * gage UK US /ɡeɪdʒ/ noun [C] LAW ► …   Financial and business terms

  • United States — a republic in the N Western Hemisphere comprising 48 conterminous states, the District of Columbia, and Alaska in North America, and Hawaii in the N Pacific. 267,954,767; conterminous United States, 3,022,387 sq. mi. (7,827,982 sq. km); with… …   Universalium

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  • mortgage — mort|gage1 W3 [ˈmo:gıdʒ US ˈmo:r ] n [Date: 1300 1400; : Old French; Origin: mort dead + gage promise ] 1.) a legal arrangement by which you borrow money from a bank or similar organization in order to buy a house, and pay back the money over a… …   Dictionary of contemporary English

  • mortgage — the transfer of right of ownership of a property from a debtor to a creditor as security for a debt, with the proviso that once the debt is paid ownership is transferred back. Glossary of Business Terms (1) noun A legal instrument that creates a… …   Financial and business terms

  • Mortgage — A loan secured by the collateral of some specified real estate property which obliges the borrower to make a predetermined series of payments. The New York Times Financial Glossary * * * ▪ I. mortgage mort‧gage 1 [ˈmɔːgɪdʒ ǁ ˈmɔːr ] noun… …   Financial and business terms

  • mortgage — mort·gage 1 / mȯr gij/ n [Anglo French, from Old French, from mort dead (from Latin mortuus ) + gage security] 1 a: a conveyance of title to property that is given to secure an obligation (as a debt) and that is defeated upon payment or… …   Law dictionary

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  • mortgage — mort|gage1 [ mɔrgıdʒ ] noun count ** a legal agreement in which you borrow money from a bank in order to buy a house. You pay back your mortgage by making monthly payments: The mortgage has to be paid off in 15 years. get/obtain/take out/arrange… …   Usage of the words and phrases in modern English

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