mortgage
Betekenis (Engels)
Sinonieme
mortgage credit
mortgage loan
real estate loan
loan on mortgage
credit on real estate
public sale
Vertalings
Frekwensie
Uitgespreek as (IPA)
/ˈmɔː.ɡɪd͡ʒ/
Etimologie (Engels)
In summary
From Middle English morgage and Middle French mortgage, from Anglo-Norman morgage, from Old French mort gage (“dead pledge”), after a translation of judicial Medieval Latin mortuum wadium, with wadium from Frankish *wadi (“wager, pledge”). Compare gage and also wage. So called because rents and profits from the land were owed to the lender for as long as the gage existed (comparable to interest on a loan today), as opposed to the living gage, in which rents and profits automatically reduced the debt (paying it off over time).
Notes
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