3 uses
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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)
- Now everything was plastered with mortgages.Book 1 — The Shimerdas (35% in)
- Peter told his troubles to Mr. Shimerda: he was unable to meet a note which fell due on the first of November; had to pay an exorbitant bonus on renewing it, and to give a mortgage on his pigs and horses and even his milk cow.Book 1 — The Shimerdas (35% in)
- The Black Hawk money-lender who held mortgages on Peter's livestock was there, and he bought in the sale notes at about fifty cents on the dollar.Book 1 — The Shimerdas (42% in)
There are no more uses of "mortgage" in My Antonia.
Typical Usage
(best examples)