Definition and meaning of English word "mortgage"
mortgage
/ˈmɔːrɡɪdʒ/
Meaning
NounA legal agreement in which a borrower pledges real property as collateral for a loan used to purchase or refinance that property.
How to use
The term 'mortgage' is commonly used in formal and professional contexts, particularly in real estate and financial settings. A notable grammatical nuance is that the preposition 'on' is often used with 'mortgage', as in 'a mortgage on the house'. Learners should be cautious not to confuse 'mortgage' with 'loan', as they are related but distinct concepts.
🇬🇧 English
mortgage
Example
We're renting a property in the city centre because we can't afford to get a mortgage yet.
Your personal vocabulary
🦊 Use this word in a live AI conversationSynonyms
Common phrases
- take out a mortgage— take out a mortgage
- mortgage payment— mortgage payment
- mortgage broker— mortgage broker
This concept in other languages
Frequency rank: #1135 in English
Learn them all! 🚀
Master the 1000 most common English words with smart explanations, audio pronunciation, and spaced repetition.
Start Learning For Free →No sign-up required
Frequently Asked Questions
What does the English word "mortgage" mean?▼
The English word "mortgage" means "mortgage" in English.
How do you pronounce the English word "mortgage"?▼
You can hear the correct audio pronunciation of the word "mortgage" by clicking the play button next to the word at the top of this page.
Can I see an example sentence with "mortgage"?▼
Yes, here is a practical example: "Let's discuss the word mortgage." (which translates as "mortgage").
More Shopping & Market words
Related reading
Duolingo vs Anki vs Apps: Comparing Language Learning Methods in 2026
An honest comparison of popular language learning approaches: gamified apps, SRS flashcards, textbooks, tutors, and immersion. Pros, cons, and who each is best for.
Read →MethodWhat Is Spaced Repetition? The SM-2 Algorithm Explained Simply
Spaced repetition is the single most effective method for memorizing vocabulary. Learn how the forgetting curve works, how the SM-2 algorithm calculates review intervals, and why 20 minutes a day beats 2 hours of cramming.
Read →