All 3 Uses of
mortgage
in
Wuthering Heights
- 'His father died in debt,' he said; 'the whole property is mortgaged, and the sole chance for the natural heir is to allow him an opportunity of creating some interest in the creditor's heart, that he may be inclined to deal leniently towards him.'†
Chpt 17 *mortgaged = pledged as collateral (something that has to be given to the lender if the loan isn't paid as agreed)
- The guest was now the master of Wuthering Heights: he held firm possession, and proved to the attorney — who, in his turn, proved it to Mr. Linton — that Earnshaw had mortgaged every yard of land he owned for cash to supply his mania for gaming; and he, Heathcliff, was the mortgagee.†
Chpt 17
- The guest was now the master of Wuthering Heights: he held firm possession, and proved to the attorney — who, in his turn, proved it to Mr. Linton — that Earnshaw had mortgaged every yard of land he owned for cash to supply his mania for gaming; and he, Heathcliff, was the mortgagee.†
Chpt 17mortgagee = a lender who makes loans to a borrower who has pledged property as collateral
Definition:
a real estate loan; or to offer real estate as collateral for a loan
(collateral is something that has to be given to the lender if the loan isn't paid as agreed)
(collateral is something that has to be given to the lender if the loan isn't paid as agreed)