Both Uses of
mortgage
in
Middlemarch
- So, sir, you've been paying ten per cent for money which you've promised to pay off by mortgaging my land when I'm dead and gone, eh?†
Chpt 1mortgaging = pledging as collateral (something that has to be given to the lender if the loan isn't paid as agreed)
- Whether it's mortgage or purchase they're going for, I can't tell yet.†
Chpt 4 *mortgage = a real estate loan; or pledging something for a loan
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)