All 4 Uses of
mortgage
in
Of Human Bondage
- His entire fortune had consisted of only two thousand pounds, and though it had been invested in mortgages at five per cent, he had not been able to live on the interest.†
Chpt 33-34 *mortgages = real estate loans; or pledges something for a loan
- Philip had lately sold one of the mortgages in which his money had been put; and now, with five hundred pounds in the bank waiting to be invested in something that could be more easily realised, he felt himself uncommonly well-to-do.†
Chpt 71-72
- He had recently sold the last mortgage in which his small fortune had been invested and now had only six hundred pounds left.†
Chpt 91-92mortgage = a real estate loan; or pledging something for a loan
- He thought of writing to the solicitor who had been his father's executor, but he could not bring himself to, for it was contrary to his express advice that he had sold the mortgages in which his money had been invested.†
Chpt 99-100mortgages = real estate loans; or pledges 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)