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What does mortgage mean?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free! The meaning of MORTGAGE is a conveyance of or lien against property (as for securing a loan) that becomes void upon payment or performance according to stipulated terms.

What does mortgage mean in a sentence?

The meaning of MORTGAGE is a conveyance of or lien against property (as for securing a loan) that becomes void upon payment or performance according to stipulated terms. How to use mortgage in a sentence.

What is the difference between a mortgage and a home loan?

The terms mortgage and home loan are often used interchangeably, but they don’t exactly mean the same thing. A mortgage is a loan that’s used to buy a piece of property that’s secured by the property itself. A home loan is a type of mortgage that’s used specifically to purchase a house.

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