What is the Latin meaning of mortgage?
The origins of the word ‘mortgage’ will make you think twice about buying a house. “Word nerds will notice an eerie root word in ‘mortgage’ — ‘mort,’ or ‘death,'” Weller writes. “The term comes from Old French, and Latin before that, to literally mean ‘death pledge. ‘”
What is the meaning of the term mortgage?
1 : a conveyance (see conveyance sense 2a) of or lien against property (as for securing a loan) that becomes void upon payment or performance according to stipulated terms took out a mortgage in order to buy the house. 2a : the instrument evidencing the mortgage.
Where did the term mortgage come from?
From where did the word “mortgage” come? The word comes from Old French morgage, literally “dead pledge,” from mort (dead) and gage (pledge). According to the online etymology dictionary, it is so called because the deal dies when the debt is paid or when payment fails.
Why is mortgage pronounced mortgage?
Pronunciation Of The Word “Mortgage” Mortgage – For this word: the “o” is long; the “t” is silent; the first “g” is hard; and for the “-age” suffix – the “a” is pronounced as an i-schwa; the “g” is soft; and the final “e” is silent (this is the standard pronunciation of this suffix in The Common Tongue).
What is a synonym for mortgage?
In this page you can discover 29 synonyms, antonyms, idiomatic expressions, and related words for mortgage, like: lease, amortize, deed, title, encumbrance, contract, lien, debt, hock, transactions and loan.
Who created the mortgage?
Cezary Podkul. When Lewis Ranieri invented mortgage bonds, he never thought it would turn out this way. Four decades ago, Mr. Ranieri was at the helm of a revolution in how Americans finance their homes.
Why T is silent in Castle?
The t in “castle” is pronounced. It is not silent. The tin “moisten” is pronounced.