"Mortgaged" Pronounce,Meaning And Examples

"Mortgaged" Natural Recordings by Native Speakers

Mortgaged

"Mortgaged" Meaning

Mortgaged refers to a property or asset that has been used as security for a loan. In other words, the owner has borrowed money to purchase or maintain the property and has given the lender a claim on it until the loan is repaid.

"Mortgaged" Examples

Mortgaged

Example 1:

The couple had mortgaged their house to buy a new business venture.

Example 2:

The company was threatened with foreclosure after it defaulted on a mortgaged loan.

Example 3:

After several years of struggling to make payments, they finally managed to pay off the mortgaged debt.

Example 4:

The couple decided to rent out their mortgaged property to cover part of the mortgage payments.

Example 5:

The construction company's financial troubles led to a mortgaged building being seized by the bank.

Note: All of these examples illustrate the verb "mortgaged", which means to pledge something (usually a property) as security for a loan.

"Mortgaged" Similar Words

Mortally

Mortally refers to something that is used to or causes death. It describes a wound or injury that is severe and can cause a person's death if left untreated or if it becomes infected.

Mortals

Mortar

Mortarboard

A mortarboard is a type of academic cap traditionally worn by graduates at their commencement ceremonies. It is typically a square or rectangular-shaped cap with stiff fabric and a flat top, usually adorned with the institution's crest or logo. The mortarboard is often worn with a gown and is a symbol of the graduate's achievement and academic accomplishment.

Mortared

Mortars

Mortgage-backed

A mortgage-backed security is a type of financial security that represents an interest in a pool of mortgages. The security is typically collateralized by the cash flows generated by the underlying mortgages, such as mortgage payments and interest. The mortgages are typically packaged together in groups, known as mortgage pools, and then sold to investors as securities.

Mortgage

A mortgage is a loan or credit facility that allows an individual or organization to borrow money from a lender to purchase or refinance a property, typically a home or office building. The borrower agrees to repay the loan, usually with interest, over a set period of time, often with a collateral in the form of the property itself. The lender, on the other hand, retains a lien on the property until the loan is fully repaid.

Mortgagee

A mortgagee is the lender in a mortgage agreement, who has a claim on the property being mortgaged as security for a loan.

Mortgagees

Mortgager

Mortgages

Mortgaging

Mortgaging refers to the act of giving one's property or asset as security for a loan, typically by signing a contract with a lender. In exchange, the borrower receives the loaned amount, which must be repaid with interest. If the borrower fails to make payments, the lender can seize and sell the property to recover their losses.

Mortgagor

A mortgagor is the borrower who obtains a mortgage from a lender, typically a bank or other financial institution. In other words, a mortgagor is the individual or entity that secured a loan by using their property as collateral.