a conveyance of an interest in property as security for the repayment of money borrowed.
the deed by which such a transaction is effected.
the rights conferred by it, or the state of the property conveyed.
verb (used with object), mortgaged, mortgaging.
Law. to convey or place (real property) under a mortgage.
to place under advance obligation; pledge:
to mortgage one’s life to the defense of democracy.
to take out a new or different mortgage on a property
an agreement under which a person borrows money to buy property, esp a house, and the lender may take possession of the property if the borrower fails to repay the money
the deed effecting such an agreement
the loan obtained under such an agreement: a mortgage of £48 000
a regular payment of money borrowed under such an agreement: a mortgage of £247 per month
to pledge (a house or other property) as security for the repayment of a loan
of or relating to a mortgage: a mortgage payment
A legal agreement that creates an interest in real estate between a borrower and a lender. Commonly used to purchase homes, mortgages specify the terms by which the purchaser borrows from the lender (usually a bank or a savings and loan association), using his or her title to the house as security for the unpaid balance of the loan.
adjective, remoter, remotest. 1. far apart; far distant in space; situated at some distance away: the remote jungles of Brazil. 2. out-of-the-way; secluded: a remote village; a remote mountaintop. 3. distant in time: remote antiquity. 4. distant in relationship or connection: a remote ancestor. 5. operating or controlled from a distance, as by remote control: […]
- Remote access
noun 1. (computing) access to a computer from a physically separate terminal
- Remote access services
communications (RAS) A service provided by Windows NT which allows most of the services which would be available on a network to be accessed over a modem link. The service includes support for dialup and logon, and then presents the same network interface as the normal network drivers (albeit slightly slower!). It is not necessary […]
noun 1. control of the operation or performance of an apparatus from a distance, as the control of a guided missile by radio signals. 2. Also called remote. a device used to control the operation of an apparatus or machine, as a television set, from a distance. remote control noun 1. control of a system […]