Morgage or mortgage

Did you mean “mortgage”?

INCORRECT
Morgage
CORRECT
Mortgage

Mortgage

Noun

Definition:

A legal agreement by which a bank, building society, etc. lends money at interest in exchange for taking title of the debtor's property, with the condition that the conveyance of title becomes void upon the payment of the debt

Examples:

  1. I put down a hundred thousand in cash and took out a mortgage for the rest

Synonyms:

  • Credit
  • Advance

Mortgage

Verb

Definition:

Convey (a property) to a creditor as security on a loan

Examples:

  1. The estate was mortgaged up to the hilt
  2. A heavily mortgaged farm

Synonyms:

  • Mortgage
  • Put up as collateral
  • Guarantee
  • Pawn

FAQ's

Is it morgage or mortgage?

The correct word is mortgage

How to pronounce mortgage?
What does mortgage mean?
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