Home > Terms > English, UK (UE) > Mortgage
Mortgage
A written conveyance of title to real estate property, but not its possession, to secure the payment of a debt or the performance of some obligation. Distinguished from a lien in that the creditor has actual title to the property and from a pledge in that the debtor retains possession. In Switzerland, such rights may take the form of a mortgage assignment or mortgage note. See also fixed-rate mortgage, portfolio mortgage.
This is auto-generated content. You can help to improve it.
0
0
Improve it
- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Banking
- Category: Investment banking
- Company: UBS
- Product:
- Acronym-Abbreviation:
Other Languages:
Member comments
Terms in the News
Featured Terms
Industry/Domain: Video games Category: Real-time strategy
StarCraft
Starcraft is a series of two games that are arguably the most popular real-time strategy games of all time. The games are focused on an interplanetary ...
Contributor
Featured blossaries
dnatalia
0
Terms
60
Blossaries
2
Followers
Myers-Briggs Type Indicator
Category: Education 5 8 Terms
vhanedelgado
0
Terms
15
Blossaries
7
Followers
Venezuelan Rum With Designation Of Origin
Category: Food 1 5 Terms
Browers Terms By Category
- Cardboard boxes(1)
- Wrapping paper(1)
Paper packaging(2) Terms
- American culture(1308)
- Popular culture(211)
- General culture(150)
- People(80)
Culture(1749) Terms
- Muscular(158)
- Brain(145)
- Human body(144)
- Developmental anatomy(72)
- Nervous system(57)
- Arteries(53)
Anatomy(873) Terms
- Natural gas(4949)
- Coal(2541)
- Petrol(2335)
- Energy efficiency(1411)
- Nuclear energy(565)
- Energy trade(526)
Energy(14403) Terms
- Biochemistry(4818)
- Genetic engineering(2618)
- Biomedical(4)
- Green biotechnology(4)
- Blue biotechnology(1)