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🏠mortgage

noun
/ˈmɔːrɡɪdʒ/
Mortar and Pestle mortician

Meaning

a legal agreement where a person borrows money to buy property and pays it back over time
a legal agreement by which a bank lends money to buy property

Example Sentences

They applied for a mortgage to buy their new house.

They took out a mortgage to buy their first house.

Example Expressions

mortgage loan

Synonyms

loan, home loan, property loan, debt, finance, housing loan
Entry 1
loan, home loan, property loan, debt, finance
Entry 2
home loan, housing loan, property loan

Antonyms

repayment, ownership, clearance, cash purchase, outright ownership
Entry 1
repayment, ownership, clearance
Entry 2
cash purchase, outright ownership

Collocations

mortgage loan, mortgage interest, mortgage payment, pay off mortgage, mortgage rate, apply for mortgage
Entry 1
mortgage loan, mortgage interest, mortgage payment, pay off mortgage
Entry 2
mortgage payment, mortgage rate, apply for mortgage

More Example Sentences

I want to talk to someone about a mortgage plan.

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