Origin of the word mortgage

origin of the word mortgage

Define mortgage. mortgage synonyms, mortgage pronunciation, mortgage Word History: In early Anglo-Norman law, property pledged as security for a loan. The origin is unknown, although it seems likely that there was once a In the word mortgage, the mort- is from the Latin word for death and. A: “ Mortgage ” is now such a common term that most of us are unaware that it was once a compound with a literal meaning: dead pledge. the. origin of the word mortgage

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A: “ Mortgage ” is now such a common term that most of us are unaware that it was once a compound with a literal meaning: dead pledge. the. The word mortgage is a French Law term meaning “death contract”, meaning that the pledge ends (dies) when either the obligation is fulfilled or. A mortgage loan, also referred to as a mortgage, is used either by purchasers of real property to The word mortgage is derived from a "Law French" term used by English lawyers in the Middle Ages meaning "death pledge", and refers to the pledge ending (dying) when either the obligation is fulfilled or the property is taken.

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