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Thursday, November 21st, 2024
the Week of Proper 28 / Ordinary 33
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Bible Dictionaries
Mortgage

Webster's Dictionary

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(1):

(v. t.) To grant or convey, as property, for the security of a debt, or other engagement, upon a condition that if the debt or engagement shall be discharged according to the contract, the conveyance shall be void, otherwise to become absolute, subject, however, to the right of redemption.

(2):

(n.) State of being pledged; as, lands given in mortgage.

(3):

(v. t.) Hence: To pledge, either literally or figuratively; to make subject to a claim or obligation.

(4):

(n.) A conveyance of property, upon condition, as security for the payment of a debt or the preformance of a duty, and to become void upon payment or performance according to the stipulated terms; also, the written instrument by which the conveyance is made.

Bibliography Information
Webster, Noah. Entry for 'Mortgage'. Noah Webster's American Dictionary. https://www.studylight.org/​dictionaries/​eng/​web/​m/mortgage.html. 1828.
 
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