mortgaging

Meanings

• The act of pledging an asset as security for a loan.

  - "The family mortgaged their home to pay for their daughter's education."
  - "To buy his dream car, John mortgaged his small business."

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Rhymes

Words rhyming with mortgaging
morgue , fortnight , night , bright , light , sight , height , weight , tea , sea

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Homophones

Words having the same pronunciation but different meanings, origins, or spelling,

1. mortar (building material)
   

2. mortar (military term)
   

3. mortgage
   

4. mortise
   

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Variants

List of all variants of mortgaging that leads to same result
mortgage , mortgaged , mortgages , mortgaging

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Forms

Different forms of the word (e.g., verb conjugations, plural forms, comparative/superlative forms for adjectives).

mortgage (noun), mortgage (verb), mortgaged, mortgaging

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Etymology

origin and the way in which meanings have changed throughout history.

The word 'mortgage' comes from the Old French words 'mort' meaning 'death' and 'gage' meaning 'pledge'. This reflected the original practice of taking out a loan secured by pledging an asset, typically real estate, as collateral, with the understanding that failure to repay the loan could result in the lender taking possession of the pledged asset and selling it to recover the outstanding loan amount.

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Trivia

Any details, considerations, events or pieces of information regarding the word

1. Did you know that the first recorded use of the term 'mortgage' in English was in 1382? Or that the practice of taking out a mortgage to buy a home became popular in Europe during the 15th and 16th centuries? Or that the term 'mortgage' comes from the Old French words 'mort' meaning 'death' and 'gage' meaning 'pledge', reflecting the original practice of taking out a loan secured by pledging an asset, typically real estate, as collateral, with the understanding that failure to repay the loan could result in the lender taking possession of the pledged asset and selling it to recover the outstanding loan amount?

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. security: A pledged asset that serves as collateral for a loan.

2. interest: A fee charged by a lender for the use of their money.

3. loan: A sum of money borrowed from a lender, typically under the condition that it will be paid back in regular installments, with interest added to the outstanding balance.

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Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

In various cultures and literary works, the term 'mortgage' has been used figuratively to refer to an agreement or contract, often a financial one, that binds two parties together for a specified period, with the understanding that one party will receive certain benefits or advantages in exchange for making certain payments or fulfilling certain obligations.

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